What can spark the next bitcoin bull run

[{"selector":"#anim-0454b356-7102-4b4c-bdf2-51a6a4a42a4c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.21462252752049%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Bitcoin started the year at around $16,500 and experienced a 60% bounce back, but its price has been stuck between $25,000 and $30,000.

[{"selector":"#anim-f41d8a12-eb48-49f2-a4a5-316b669c3ded [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.92503326481605%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Investors have faced industry bankruptcies, low trading volume, regulatory crackdowns, and the closure of crypto-friendly banks.

[{"selector":"#anim-40c925e2-1088-4294-aab4-7c5a1ce6575f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] The potential approval of Bitcoin ETFs, led by BlackRock, could significantly impact the market and drive up prices.

[{"selector":"#anim-c73e33e8-4ee1-4211-a4f2-0a5cd31953fd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.287202267403853%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The upcoming Bitcoin halving event in 2024, along with regulatory advancements globally, are seen as potential catalysts for a bull run.

[{"selector":"#anim-65cce8c2-7280-4435-afc7-42082422b884 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(29.635349033913506%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Bitcoin's price has been affected by rising interest rates and the need for risk allocation in portfolios.

[{"selector":"#anim-f51cf875-cb88-43d1-8b4e-e430769cd5a6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Analysts suggest that increased liquidity, large investor involvement, foreign central banks accumulating Bitcoin, or signs of a market meltdown could trigger the next bull run.

[{"selector":"#anim-447a41cf-f9ab-43a4-8295-8d5e7a5674a6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.500624893814475%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Despite recent challenges, some experts believe Bitcoin is in the early stages of a positive price cycle, with potential for significant growth.

[{"selector":"#anim-fb331531-2c65-4af8-a3de-8dcd4f8a4dad [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.21462252752049%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Bitcoin investors have faced a challenging year with various obstacles, including regulatory crackdowns and banking challenges.

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[{"selector":"#anim-2bff1ffe-342a-49ba-aeb7-0b190fa63e81 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] SWIPE UP