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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