Bracing for a Crypto Bull Run: Insightful Predictions

in LeoFinance9 months ago

All cryptocurrency users are hoping for a rapid bull run because we are all sick of seeing the red market on a daily basis. We've been in a bear market for about 2.5 years. As I previously indicated in my publications, I have only faced bear markets since joining this ecosystem. When the price of #HIVE was $1 and falling, I decided to join the ecosystem.

We've practically completed the bear market, and the next bull is undoubtedly on the way. Almost every BTC halving is followed by a nice bull run, during which wise investors no doubt develop their finances and become wealthy. However, individuals who do not make sound investing decisions and do not correctly time the market will suffer and wont gain anything.

Many individuals are asking the same questions about when the next bull will start. Their trust has dropped as the market fell from $30K to $26K. They believe we are still in the bear stage. However, a market downturn is required for the bull run to be confirmed.

I do not believe we have broken down the bullish stance; rather, we are still in the bull run zone. This is the necessary corrective for a good recovery. I believe that the price will shortly rebound, and that we will remain in the bullish phase. There are some events coming up this year that investors should be aware of.

If you fully comprehend these events, you will undoubtedly invest your money wisely and at the appropriate time. One of the most important events will take place in November and will undoubtedly have an impact on the crypto market. Not only will the crypto have an impact, but so will the world's finance and country economies.

The US presidential elections are place every four years in November, and this is election year in America. Furthermore, not only a presidential election but also a local election may be held this year, which may cause significant disruptions in the global financial markets.

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It is obvious that the US election will have a significant impact on the cryptocurrency market. This is because incoming presidents will implement new policies concerning taxes, regulations, trade, and other issues. During that time, businessmen and investors would confront difficult conditions since they will be unsure of where to invest and when to invest.

This is one of the most important events for the year 2023, and it will undoubtedly determine the path of the crypto market. Not just the cryptocurrency market, but all financial markets. But because my main interest is the crypto market, I will return to the subject of the crypto market and its impact in a few months.

We're in late August, and in two months we'll be at the important position of the year. Great events to witness, and the good news of halving will be felt from the start of the year. I predict that the next bull run will begin following the upcoming US election. The market will gain traction, and investors will find a way to begin investing.

Furthermore, the impact of the halving will compel people to begin purchasing and investing their money. But I will never wait for election news or the shortening of time to invest; instead, I have begun accumulating my coin. A bull run will never offer you the opportunity to invest since the advance to the upward is so rapid.

Also, I will relate BTC halving to stock dividend shares. When a firm declares a dividend, investors begin investing their money. The price skyrockets during dividend season and hits an all-time high. Wise investors book their percentage profit without taking the dividend profit and quit the market.

This could be one of the scenarios for halves in which we see the price rising up until the halving and no influence on pricing after the halving. Recently, we've seen LTC prices climb upward, and as soon as it hits the halving time, investors begin selling their holdings, causing the price to fall.

This is an attempt on my side to offer you with an idea for the upcoming bull start. I also talked about the specific events that are taking place this year. I hope you find this piece informative, and I hope you enjoy it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA

REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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