Bitcoin has gone through 3 halving events so far. The first time was in 2012, followed by 2016 and most recently in 2020. Bitcoin only reaches ATH after each halving.
But in 2024, Bitcoin surpassed its 2021 pre-halving peak, ~$73,777.
What makes this uptrend different is the launch of the Bitcoin ETF SPOT on US stock exchanges, a huge event that pulled traditional money into crypto.
10 days left until the $BTC halving event. Many analysts think this is the END of the 2024 uptrend.
However, Grayscale just bought 32,041 BTC. In the context of USDT being pumped out massively recently, we should still be Bullish in the next 12 months.
April is usually a relatively strong month for Bitcoin. Over the past 10 years, six of them have recorded positive returns, with an average return of 12%. The possibility of a strong increase again in April is relatively high.
The upcoming#BTCwill reach 100K by the end of 2024 or early 2025 (or even sooner).
