The current bull market for Bitcoin has lasted for 2.5 years. According to past patterns, bull markets generally last between 6 months to 2 years. If we count until January 2025, it will be exactly two years.
In the 2025 market, we need to pay attention to three major contradictions:
1. Can the scarcity brought by the halving offset the slowdown in growth after market capitalization expansion?
2. Can the inflow of spot ETF funds hedge against potential policy suppression?
3. Can technological advancements such as the Lightning Network and sidechains support the expansion of application scenarios?
