Bitcoin Expert Predicts Q3, Q4 2023 Crypto Bull Run Timeline

Also Read: Spot Bitcoin ETF Has a Fairly High Probability of Gaining Approval in the US – Bernstein Analysts

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Hence, the crypto asset price sentiment is largely dependent on the US SEC’s decision and any delay could likely subside the momentum leading to drop in Bitcoin price. That the financial bigwigs like Valkyrie, Fidelity, Bitwise, Invesco, and WisdomTree followed BlackRock in filing for ETFs gives traders reasons to believe there is more to the filings than it appears. In this context, Bitcoin analysts believe the third quarter could see some flat movement in asset prices before taking off for a crypto bull run later by the end of the year.

When Will Bitcoin Bull Run Begin?

Besides the Bitcoin ETF filings, the digital assets enthusiasts are also looking forward to the Bitcoin halving event, which is scheduled for around the end of April 2024. Meanwhile, Adrian Zdunczyk, a crypto analyst, believes there could be some slow movement in Crypto Market before fireworks in the last quarter of 2023.

Earlier, CoinGape reported that Bitcoin could reach the next target of $33,000 if it breaks local resistance.

Also Read: Shiba Inu Hardware Wallets to be Delivered on this Date, SHIB Price Reacts

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