$BTC However, a bull run is not without risks and challenges. Regulatory scrutiny remains a significant hurdle, with governments worldwide grappling with how to oversee cryptocurrencies. Potential crackdowns or restrictive policies could dampen market enthusiasm. Moreover, Bitcoin’s volatility, while a draw for speculators, deters risk-averse investors, and market corrections often follow euphoric rallies. Environmental concerns surrounding Bitcoin mining’s energy consumption also persist, though innovations like renewable energy adoption in mining operations are mitigating some criticism. These factors could influence the intensity and duration of the next bull run.