The bull market for BTC has only arrived now, and there are good reasons and confidence for this.

First, BTC has stabilized at a new all-time high on the weekly line and remains above 70,000 in the short term. This shows the strength of BTC and the market’s recognition of it.

Secondly, the number of news reports on BTC has surged, and major media have rushed to report on it. This shows that the market’s enthusiasm and interest in BTC are increasing, and people do not want to miss this hot spot.

Third, BTC has shown a positive correlation with U.S. stocks for the first time, which means that BTC is transforming from a safe-haven hedging commodity into a normal investment product. This further strengthens BTC’s investment appeal and market position.

Fourth, BTC’s spot ETH passes, and 400 million buying orders flow into the BTC market every day, while the supply is only one-tenth of the buying orders after the halving. This shows that the supply of BTC has been in short supply for a long time, driving up the price.

Fifth, BTC and gold are increasingly mentioned together, rather than in opposition. A large number of conservative investors may choose to buy gold, but the rise in gold prices has further stimulated attention and interest in BTC.

Sixth, the widespread application and recognition of blockchain technology: With the continuous development of blockchain technology, more and more companies and institutions have begun to adopt BTC as a means of payment and transactions. This not only increases the usage of BTC, but also increases people’s trust and recognition of BTC.

Seventh, the gradual improvement of global cryptocurrency regulatory policies: With the gradual improvement of global cryptocurrency regulatory policies, more and more countries and institutions are beginning to recognize the potential and value of cryptocurrencies such as BTC. This provides a more stable and favorable policy environment for the development of cryptocurrencies such as BTC, and also increases people's confidence in BTC.

The above are some of the main reasons why I think the BTC bull market has just arrived now. I believe that as the market develops and people further understand and accept BTC, the future of BTC will be brighter. $BTC $BNB $SOL