The Chief of the South Korean Crypto institution seems to convey a potentially bullish outlook for Bitcoin (BTC). While Bitcoin has experienced significant increases in the past, the statement suggests that the “real” bull run has not yet commenced.
It is likely the crypto chief is implying that despite the previous surges in the price of Bitcoin, there is potential for a far more significant increase in the future. This comment might be based on several factors, such as wider institutional adoption, new regulatory environments, technological advancements, increased interest from retail investors, and an overall belief in the value of Bitcoin and other cryptocurrencies.
However, it’s also important to remember that market predictions, especially around volatile assets like cryptocurrencies, are speculative and shouldn’t be taken as financial advice. Always consider various information sources and potentially seek advice from financial professionals before making investment decisions.
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