$BTC Bitcoin's next bull run is anticipated to be influenced by several key factors:

* **Post-Halving Dynamics**: The 2024 halving reduced miner rewards, historically leading to price increases due to decreased supply. However, the extent of this effect remains to be seen. ([Finance Magnates][1])

* **Institutional Adoption**: The approval of Bitcoin ETFs in early 2024 has facilitated institutional investment, with firms like BlackRock and Morgan Stanley entering the market. ([Axios][2])

* **Regulatory Developments**: The establishment of the U.S. Strategic Bitcoin Reserve in March 2025 and other global initiatives signal increasing governmental acceptance. ([Wikipedia][3])

* **Market Sentiment**: Despite recent volatility, Bitcoin's dominance in the crypto market has reached 64%, indicating strong investor confidence. ([Axios][2])

While these factors suggest a potential bull run, market conditions remain dynamic, and investors should exercise caution.

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