Thailand‘s largest digital asset exchange Bitkub Capital‘according to bitcoinThe next halving in 2024 will mean the most obvious bull run for the leading cryptocurrency!
As it is known, the Bitcoin halving occurs every four years, and this reduces the amount of BTC produced by miners by half. Therefore, since the quantity supplied decreases, the price is affected positively.
When we look at the historical cycles, it is known that mega rallies took place in the period after this event.
Jirayut Srupsrisopa, Chief Executive Officer of Bitkub Capital Group Holdings, also stated that the past trends occurred six months after the next halving, adding that 2024-2025 will be a “golden era” for Bitcoin and cryptocurrencies in general.
According to Srupsrisopa, these dates will have to wait for the next mega bull.
Regulators Keep Control
On the other hand, regulators have tightened controls even further, including in Thailand, which plans to ban the use of digital assets in payments for products and services.
Srupsrisopa, on the other hand,
Regulators are trying to use the old framework to manage the new invention.
and continues as follows:
This doesn’t always work. Countries without the right policies drive innovation away and delay opportunity.
Everyone knows that 2022 will be the year of regulations all over the world, in this context, we will see together whether positive or negative decisions will be made for BTC.