Bitcoin and the Current State of Crypto

With Bitcoin halving around the corner, let's consider current market dynamics and what to expect based on prior cycles. A major difference between this cycle vs prior cycles is the creation of Bitcoin ETFs which enables the inflow of new capital to crypto markets which did not have access previously. The supply-demand imbalance may drive an explosive bull cycle, currently being demonstrated by all time high Bitcoin prices ahead of the halving. Historically, Bitcoin reached all time highs after the halving.