TechFlow news, February 22 — Du Jun, co-founder of Huobi, said in an interview with CNBC that if referring to past price cycles, the market is currently in the early stage of a bear market. He expects the next Bitcoin bull run may not arrive until late 2024 or early 2025, coinciding with the next Bitcoin halving event. "It's really hard to predict accurately," he added, "because many other factors also affect the market, such as geopolitical issues including wars, or recent events like the COVID-19 pandemic."
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