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Next bitcoin bull run won’t happen until end 2024, says top crypto exchange co-founder

BleachedAnusDawg
BleachedAnusDawg Member Posts: 14,014 Standard Supporter
edited May 2022 in Tug Tavern
  • Bitcoin may not see a bull market until late 2024 or the beginning of 2025 if past price cycles are any indication, according to Du Jun, co-founder of cryptocurrency exchange Huobi.
  • He told CNBC that bitcoin bull markets are closely tied to a process called halving, which occurs every few years.
  • The next halving event takes place in 2024, when Du thinks there could be another bull market on bitcoin.
https://www.cnbc.com/2022/02/21/bitcoin-btc-bull-market-may-not-return-until-2024-huobi-co-founder.html
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