🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Four major benefits for next year
1. 2024, $Bitcoin$’s fourth halving.
2. In 2024, the Federal Reserve enters an interest rate cutting cycle.
3. 2024, Bitcoin ETF passed.
4、2024, $ETH$ Major upgrade. To trigger a bull market, the above four points are absolutely necessary.
The above four points will definitely happen in 2024.
Point 1: Bitcoin’s halving is a sure thing. No need to say more. Just over half a year to go.
Second point, looking at the Federal Reserve, there is a high probability that it will continue to raise interest rates or maintain them for a period of time, but there is always a limit, and interest rates will definitely start to be cut by 2024 at the latest. Then "water" will flow to various fields around the world to buy high-quality assets at the bottom, commonly known as "looting." This includes Bitcoin.
The third point is that since those large companies and institutions have submitted ETF applications one after another, they must be sure of it. This means that Bitcoin will enter traditional financial institutions and be equivalent to traditional financial products, stocks, futures, foreign exchange, gold, and other products at low levels. This means an inflow of tens of trillions or even hundreds of billions of dollars.
Point 4: With the upgrade of Ethereum, new applications will be born. Ethereum will have several major upgrades next year, and a new batch of applications will be born, just like the last bull market catalyst, defi, nft, and chain games.