Bitcoin bull run won’t happen again until 2024, says Huobi co-founder - BitcoinEthereumNews.com
Bitcoinहुओबी के सह-संस्थापक का कहना है कि 2024 तक बिटकॉइन बुल रन फिर से नहीं होगा02 / 21 / 2022बिटकॉइन एथेरियम समाचार टीएल; डीआर ब्रेकडाउन: Huobi co-founder predicts that a Bitcoin bull run wont happen again until 2024. BTC bull run is closely tied with the halving process. The overall crypto market is down by 3.8% in the last 24 hours. It‘s hard to believe Bitcoin was soaring above $60K just four months ago, and now it’s just trading above $37k. It just goes to show that crypto volatility is still holding the industry back significantly. Although its not a surprise to see Bitcoin prices ride the roller coaster frequently, the co-founder of Huobi Du Jun thinks that BTC wont reach back to its previous heights until 2024. Huobi is one of the top-5 crypto exchanges in the world in terms of trading volume. The platform‘s co-founder came to CNBC yesterday to talk about the current crypto market. According to Du Jun, there’s a specific cycle in crypto that occurs every 4 years, which is similar to Bitcoin halving. It‘s the scenario when BTC mining profits are cut in half to ensure that Bitcoin doesn’t exceed the 21 million circulations. Du Jun specified that the Bitcoin