Bitcoin has been remarkably stable lately, trading in an atypically narrow range over the past few months.
However, this is not the first time that such a phenomenon has been observed.
In fact, Bitcoin often quiets down when interest evaporates, volume declines, and sentiment dries up. This typically occurs towards the end of a Bitcoin bear market.
So, what will be the spark capable of igniting the next bull stampede in Bitcoin?
There are various factors, but the introduction of multiple Bitcoin ETFs, increased institutional interest and investment, coupled with continuously improving functionality are at the top of my list.
This idea was discussed in more depth with members of my private investing community, Albright Investment Group . Start your free trial today »