BTC’s bull run is on the cards but here’s why traders may have to wait for it

With Bitcoin ETF approvals getting closer as well as the fast-approaching next Bitcoin halving, one can’t help but wonder when the next BTC..

Bullish expectations around BTC could trigger a favorable reaction as far as demand is concerned. Many traders will likely want to secure some BTC at discounted prices before more demand raises its floor price.ETF approvals getting closer as well as the fast-approaching next Bitcoin halving, one can’t help but wonder when the next BTC rally will start. The reality is that it could be sooner than expected.

The bullish expectations could trigger a favorable reaction as far as demand is concerned. Many traders will likely want to secure some BTC at discounted prices before more demand raises its floor price. Recent data suggested that it might already be taking place.“This massive withdrawal of Bitcoin from Bitmex caught the attention of market observers as it indicated a significant shift in the landscape.

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