#Bitcoin bullish long term outlook

This is my own personal take on Bitcoin's outlook long term speaking. Bitcoin is experiencing low volume historically due to recent events that happened. We had bad actors stealing funds from customers that are not taking self-custody and using bitcoin's technology to their advantage (FTX and others). This has left a bad taste in a lot for a majority of retail savers that entered the market in early 2020. We have now reclaimed the moving average and are continuing the trend. We have 12 Spot ETF's waiting for approval which would allow more institutions to start educating bitcoin and its technology to their clients. The 4th halving is approaching and will is estimated to happen in April 2024. If we are able to gain a significant rise in demand and interest due to these upcoming events, we should be seeing the trend continuing. If/when the trendline breaks again, I will be looking for a capitulation at event that has coincided with previous trendline breaks for a potential buying opportunity. Other than that, Bitcoin looks prime for the next move.