Founder of Crypto Capital Venture Dan Gambardello has addressed his followers to share his view as to when the next bull market will hit the crypto space.
He believes this event is likely to happen in 2024 – the year when the next Bitcoin halving is scheduled, at some point between February and June. When a halving occurs (also referred to as "halvening"), rewards of BTC miners will get split in half, which means there will be half as much BTC "minted," and Bitcoin will become a little more scarce.
The previous halvening event took place in the spring of 2020; it is programmed to take place every four years.
Gambardello is particularly bullish on Cardano's ADA, XRP and Bitcoin, according to his earlier tweets.