4 things that can spark the next Bitcoin bull cycle By Cointelegraph

(BTC) has dropped nearly 15% from its yearly high of around $31,000, with the recent regulatory crackdowns on Coinbase (NASDAQ:) and Binance crypto exchanges and the Federal Reserve’s hawkish forward guidance accelerating its selloff.

Still, Bitcoin is up 60% year-to-date (YTD), holding above a technical support level of $25,000. Moreover, a new bull cycle can begin for a few reasons.