Bitcoin's anticipated bull run is stirring excitement among investors.

On Tuesday, Bitcoin ETFs notched their third highest daily net-inflows on the year at $870 million.

Roundtable anchor, Rob Nelson, and Kelly Kellam, Director at BitLab Academy, recently discussed the factors contributing to bitcoin's current price fluctuations and the potential for significant capital inflow in the coming months.

Rob Nelson opened the conversation by noting bitcoin's price movements, observing that despite some volatility, the cryptocurrency remains within reasonable fluctuations. "It's staying in range," he said, emphasizing that the current price swings are not unusual. Nelson mentioned a recent drop due to some FUD (fear, uncertainty, doubt) about Tether but highlighted bitcoin's quick rebound.

Kelly Kellam provided an optimistic outlook, stating, "We are in the most anticipated bull run breakout period on the market cycle that we've ever seen in the history of bitcoin." He pointed to strong fundamentals and the success of bitcoin spot ETFs since January 11th. Kellam acknowledged the seven months of sideways movement but argued, "This is exactly what needs to happen because the market cannot sustain if everybody is just leveraged long."

Addressing the impact of the upcoming election, Nelson speculated on a "massive influx of capital into bitcoin no matter who wins." Kellam agreed, noting, "Bitcoin is on the ballot this time." He suggested that uncertainty surrounding the election might be causing hesitation among big investors but remained confident in bitcoin's potential. "We are building the strongest, most bullish springboard that we've ever seen in history for those that can hang on," he said.

Looking ahead, Kellam emphasized the convergence of several bullish factors, including the bitcoin halving and increasing global liquidity. He highlighted aggressive buying pressure from ETFs. Kellam concluded by advising patience, predicting that the buy pressure will soon break to the upside.