Will a 2024 Bull Run be a catalyst for bitcoin?

Could a potential bull run in 2024 serve as a significant catalyst for Bitcoin's price appreciation? Given the volatile nature of the cryptocurrency market and the influence of macroeconomic factors, would a bullish trend in the next few years be a key indicator for Bitcoin to regain its lost ground and potentially hit new highs? What are the key indicators and drivers that could lead to such a bullish scenario, and how likely is it that this could significantly impact Bitcoin's price movement?