Analysts predict Bitcoin could reach $100,000 before the 2024 US election

Multiple institutions are bullish on Bitcoin: Multiple investment banks and research institutions are optimistic about the future trend of Bitcoin, most of which predict that the price of Bitcoin will fall above $100,000 by the end of 2024. Bitcoin halving event: Bitcoin undergoes a halving every four years, an event written in Bitcoin code, where the reward miners receive for mining Bitcoin is cut in half. Halving usually occurs before a sharp rise in Bitcoin prices, limiting the supply of Bitcoin, which helps push up prices. Launch of Bitcoin spot ETF: The approval and launch of Bitcoin spot ETFs are also seen as one of the factors driving Bitcoin prices. Once the Bitcoin spot ETF is approved and successfully launched, a large amount of funds are expected to flow in, further pushing up Bitcoin prices. Political impact of the US election: The 2024 US election is a highly watched event, and its political direction and economic policies may have an impact on the cryptocurrency market. Some analysts believe that if Trump returns to the White House, he may abolish the SEC's hostile regulatory approach, which is good news for the cryptocurrency market. #Mt.Gox将启动偿还计划 #币安合约锦标赛 #BTC☀