What's gonna be a trigger for the next bullish market?

in btc •  last year  (edited)

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Source: @stockmoneylizard on X

We have few months left until the next Bitcoin(BTC) halving. Since BTC launched around 15 years ago, BTC chart has shown bullish markets after each BTC halvings. It's interesting. Furthermore, before halvings, BTC has shown 2 types of markets, which means recovery market without a mass correction and recovery market with the correction.

Well, I think if the following years has no recession, there will be recovery market without the correction. If not, recovery market with the correction.

The trigger for the next bullish market would be approvals of BTC spot ETFs, and adopting as legal tenders for emerging countries.

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I believe all three could serve as a trigger to some degree but the main reason for a real bull run (we are already in a bull market in my opinion and a healthy correction is expected in Q3) could be only the new all-time high record in stock market.