For Bitcoin $BTC to reach its $85,000 and $100,000 price targets, demand for the asset will need to increase significantly.

Bitcoin typically performs strongly in Q4, especially during block reward halving years. I believe 2024 will be no exception, but demand growth remains weak. To maintain stable growth, demand for BTC must accelerate.

Previous years such as 2012, 2016 and 2020 have seen significant price gains after cuts, but in 2024 the market is moving between bull and bear phases. Demand must increase to maintain the upward trend.

Analysts expect that with the launch of Bitcoin-#ETF demand will increase, which could push the price to $85,000 or $100,000 in the coming months.

According to insider information, Israel may change its strategy in the region, abandoning further bombing. The reason for such a decision may be the reluctance to escalate the situation on the eve of the presidential elections in the United States, which is beneficial to the allies in the bloc. As a result of these rumors, the market has begun to show signs of recovery and growth, which is already noticeable in a number of sectors.

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