How can a new bullrun sustain in 2024??
How can a new bullrun sustain in 2024??
I know that BTC has the backing of blackrock and institutions and 15yrs of sustained uptime and trust.
But the bull run of 2021 was a perfect storm. People were told to stay home. DEMAND GOT PENT UP. Then helicopter money rained for 2 yrs straight. Rent didn’t have to be paid. Mortgages went into forbearance Student loans paused. Once in a lifetime type stuff
Retail pumped up dogecoin and every other alt you can think of. Life was good.
Outside of BTC…how can a true bullrun be sustained if cost of living is high and layoffs are ramping up??
I just dont see it. Unless theres some alts out there woth actual use case. (Which 99% have none)
What do you think?
All bull runs must come to an end at some stage; but hopefully in 2025 we can experience a good run fueled by elements of the “4 year cycle” and post-bitcoin halving, some economic stability that comes after the dust has settled from the US election, they’ll be stuck with their next president for 4 more years. And with any luck, people in the mid east and Eastern Europe can stop blowing each other up…