BRADENTON, FL, Oct. 24, 2023 (GLOBE NEWSWIRE) — Alpha Sigma Capital Research, a prominent blockchain research firm under Alpha Transform Holdings‘ subsidiary, has unveiled an in-depth research report on “Bitcoin Bull Market. Time to Get In?” Access the Report here.
Here are the key takeaways:
– The cryptocurrency market has weathered the crypto winter, which took a toll on digital assets such as Bitcoin and Ethereum. Valuations, trading volume, and overall sentiment hit record lows during the bear market.
– With the chatter in the market and the approaching Bitcoin supply halving, there’s a sense of optimism as we usher in a new bull market.
– Currently, 92% of the total Bitcoin supply is in circulation, with the remaining supply not expected until around the year 2140.
– The Bitcoin mining reward is halved every four years, leading to a decrease in the creation rate of new Bitcoins with each halving.
– Several upcoming catalysts and favorable market conditions are positioning Bitcoin as an asset with significant growth potential.
– The next Bitcoin halving is anticipated in 2024, and it is expected that Bitcoin will perform well in this context.
– Challenges that previously hindered Bitcoin, including U.S. regulatory issues, monetary policies, malicious actors, and institutional adoption, appear to have been resolved.
The report offers insights to help investors make an informed decision. Access the Report here.
About Alpha Sigma Capital Research
Active Investing in the Blockchain Economy.™
Alpha Sigma Capital Research is provided by Alpha Sigma Capital Advisors, LLC, the Investment Manager for the Alpha Blockchain/Web3 Fund and Alpha Liquid Fund. Alpha Sigma Capital (ASC) investment funds are focused on emerging blockchain companies that are successfully building their user-base, demonstrating real-world uses for their decentralized ecosystems, and moving blockchain technology towards mass-adoption. ASC is focused on companies leveraging blockchain technology to provide value-add in areas such as fintech, AI, supply chain, and healthcare. Apply to receive ASC Research at www.alphasigma.fund/research.