The upcoming Bitcoin halving is seen as a potential trigger for the next bull run. However, given that the current annualized issuance rate is already at a meager 1.6% and nearly 94% of Bitcoins are already in circulation, the expected supply shock from the halving is likely to have only a minimal impact on Bitcoin prices.
However, growing demand will be the main factor driving the price surge. A bull market is still possible after the halving. Moreover, the halving brought more attention to Bitcoin. We can see various news about the halving event. But how long can this kind of marketing last?
Let's just say that the halving marketing does last atleast, until the halving happens, and it's all over, then after that, the bull run sets in and another round of marketing starts again, and this time, no longer about the halving, but about the bull run itself, a lot of people are going to be posting, tweeting, creating contents, with predictions on what price they expect bitcoin to reach and stamp as a new all time high before it starts dropping, this is also a very good marketing for the bull run since it causes panic and fomo amongst alot of crypto people, and majorly those who are new to the crypto currency ecosystem, every one will want to have a slice of the cake, causing them all to pour in money and the price rises even further and further.
And again, it's important we all know that the coming halving won't act or be the catalyst that will trigger the coming bull run, we have alot of good stuffs already, and other good stuffs are coming as well, by good stuffs, I mean good news, news that creates strong fomo and bullish sentiments, all this are gonna act as the catalyst that will power the coming bull run.