𝟏 𝐁𝐓𝐂 = 𝟔7,𝟎𝟎𝟎 𝐃𝐎𝐋𝐀𝐑

🔴 So why did Bitcoin rise and rise?

• I think there are 3 main factors behind its rise.

𝟭-) 𝗦𝗽𝗼𝘁 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙:

In this way, the investor base for bitcoin has expanded considerably. People are accessing $BTC more easily, causing a supply shock.

𝟮-) 𝗛𝗮𝗹𝘃𝗶𝗻𝗴

The next Halving is expected to occur on April 18, 2024. The word halving means halving of mining rewards, meaning #Bitcoin‬ emissions will decrease.

𝟯-) 𝗙𝗘𝗗 𝗙𝗮𝗶𝘇 𝗜̇𝗻𝗱𝗶𝗿𝗶𝗺𝗶 :

Markets predict that the Fed will start reducing interest rates in June. This discount is a positive development for bitcoin and cryptocurrencies, especially for less risk-free investment instruments.

- Extra expected spot bitcoin ETF

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