Halving 2024

The fourth Bitcoin halving will occur in May 2024, reducing the reward to 3,125 bitcoins per block. The key catalysts for the price increase in the coming period could be the following:

The upcoming Bitcoin halving, as seen in previous halvings, could intensify the effect of these catalysts. The reduction in mining reward increases the perception of scarcity, and if combined with the approval of ETFs and the entry of a giant like BlackRock, demand could increase significantly, which could lead to an increase in the price of Bitcoin.

Approval of Bitcoin Spot ETFs

The approval of Bitcoin spot ETFs would allow investors to more easily and regulated access to Bitcoin through traditional financial products instead of directly purchasing the cryptocurrency on cryptocurrency markets. This could have several effects:

Greater liquidity: The creation of ETFs in Bitcoin would open the doors to a new group of investors, including financial institutions and investment funds that have until now been reluctant to enter the cryptocurrency market. This would increase the liquidity of Bitcoin, which is often linked to an increase in price.

Institutional Investment – Institutional investors often prefer investment vehicles that are regulated and backed by underlying assets. The approval of ETFs could attract pension funds, insurers and other institutional players, which could lead to significant investment in Bitcoin.

Increased accessibility: ETFs are easy to buy and sell in traditional financial markets, which would make Bitcoin more accessible to retail investors and could ultimately lead to greater demand.$BTC $ETH $BNB