Dan Gambardello, founder of Crypto Capital Venture and a leading market analyst, is optimistic about #Bitcoin (#BTC ) price rise and expects to hit $204,000 in the future. He sees this rise as leading to a $4 trillion market valuation. Currently, Bitcoin is trading at around $34,463.72 and has seen a pullback after a previous rally.

Jambardillo focuses on the impact of Bitcoin’s rising price on altcoins like Cardano (#ADA ). There are expectations about the impact of the #SEC ’s approval of Bitcoin exchange-traded funds (#ETFs ) and it could contribute to higher prices. In addition, attention is being directed towards Bitcoin’s upcoming Halving event that could lead to a reduction in the mining rate and an increase in prices. $BTC $ADA