Bitcoin (BTC) is on fire again, smashing past 62,000thisweekandeyeingitsall−timehighfromMarch2024.Withinstitutionalinflowssurgingandthehalving′ssupplyshockstillfresh,tradersarebuzzing:∗∗Is62,000thisweekandeyeingitsall−timehighfromMarch2024.Withinstitutionalinflowssurgingandthehalving′ssupplyshockstillfresh,tradersarebuzzing:∗∗Is100K BTC inevitable by year-end?** Let's break it down with data and trends.


1. Halving Hype Holds Strong


The April 2024 halving cut miner rewards to 3.125 BTC/block, tightening supply just as demand ramps up. Historically:



  • 2012 Halving: BTC rose ~10,000% in 18 months.


  • 2016: ~300% post-halving bull.


  • 2020: Peaked at $69K a year later.





Halving YearPeak Price (12-18 Months Later)Multiple from Pre-Halving2012~$1,100100x2016~$20,00030x2020~$69,00010x2024?$100K+ projected2-3x from $30K lows

Current cycle? Analysts like PlanB's Stock-to-Flow model predict 100K−100K−288K.
On-chain data from Glassnode shows HODLers accumulating – long-term
holders now control 75% of supply, up from 65% pre-halving.


2. ETF Explosion Fuels the Fire


US spot Bitcoin ETFs have sucked in **17B+∗∗sinceJanuary2024(perBloomberg).BlackRock′sIBITaloneholds300K+BTC,rivalingnationslikeElSalvador.Weeklyinflows:17B+∗∗sinceJanuary2024(perBloomberg).BlackRock′sIBITaloneholds300K+BTC,rivalingnationslikeElSalvador.Weeklyinflows:1B+ lately. Compare to Gold ETFs – BTC is stealing the show.