Tue, April 16, 2024 at 20:04

• 

  Joy

  • Hey Annie!

  • Guess what?

  • The CEO of Crypto.com, Kris Marszalek, has some interesting predictions for Bitcoin's bull market cycle.

  • He says it's just getting started!🚀

  • 
• Annie

  • Really?

  • That's intriguing.

  • What's his basis for saying that?🤔

  
• 

  Joy

  • Well, he believes the upcoming halving event will be a positive development for Bitcoin.

  • 

  • You know, when miners' rewards are cut in half?

  • He thinks this will make a substantial difference over a six-month period.

• Annie

  • Oh, I see.

  • So less Bitcoin will be coming into the market, right?

  • But won't there be some selling in the near term?

  
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• 

  Joy

  • Bingo!

  • You got it, Annie!👏 Marszalek did warn about some Bitcoin selling as we approach the halving date.

  • 

  • It's like a 'buy the rumor, sell the news' kind of thing.

• Annie

  • Hmm, that makes sense.

  • But what about the long-term outlook?

  • Is he optimistic about that too?

  
• 

  Joy

  • Absolutely!

  • He sees this as a period of consolidation and recommends holding Bitcoin for a very long period of time.

  • We're talking years, if not decades here!😲

  • 
• Annie

  • Wow, that's quite a commitment!

  • What about retail demand?

  • How's that looking?

  
• 

  Joy

  • Good question!

  • Marszalek says that retail demand is currently lower than in the previous cycle, but he expects it to increase.

  • Crypto.com is also planning to expand its services to other jurisdictions.

• Annie

  • Interesting!

  • So, overall, would you say this news is good or bad for the market?

  
• 

  Joy

  • I'd say it's good news!

  • While there might be some selling in the near term, the long-term outlook is positive.

  • Plus, the expected increase in retail demand and Crypto.com's expansion plans could further boost Bitcoin's performance.

  • So, keep your eyes peeled, Annie!😉

  • To sum up, this article is considered a 😍Bullish for investors!!