When will the next crypto bull run happen?

Bitcoin has recovered from its summer lows, but investors still face an uncertain start to November as demand improves unevenly and US interest rates remain elevated. Bitcoin price gains during the third quarter have revived hopes of a sustained recovery, although buyers still face selling pressure at higher levels. The Federal Reserve kept rates at 3.75% to 4% on October 28, while 2 policymakers favoured another increase. ETF inflows, spot buying and gains across major altcoins will help show whether the recovery can last.