#BitcoinHashRateSurge

Bitcoin's price is looking promising, with many experts predicting it will reach new highs. The recent surge in price, with Bitcoin trading near record highs of over $93,000, has created a lot of excitement ¹.

Several factors are contributing to this optimism, including the approval of Bitcoin spot ETFs, which could bring in more institutional investors ². The upcoming halving event, which reduces the reward for mining Bitcoin, has historically preceded major price gains

Some analysts are predicting that Bitcoin could reach $100,000 or more by the end of 2024 believes that Bitcoin's momentum could propel it past $100,000, citing historical patterns and post-halving cycle trends