📊 $BTC
#Matrixport : Key Dates That Could Shape Bitcoin’s 2024 Year-End Trajectory:
▪️ Bitcoin has historically seen significant price increases post-halving, with an average rally of over 227% in the past decade.
▪️ The strongest price surges typically occur in Q4, with notable rallies starting in late September.
▪️ U.S. inflation has dropped to 2.9%, potentially leading to a Federal Reserve interest rate cut in September 2024, which could influence Bitcoin’s trajectory.
▪️ The political landscape, including the recent change in U.S. presidency and upcoming elections, may also affect Bitcoin prices.
▪️ Ongoing restructuring in the crypto market, such as Genesis’s and FTX’s creditor payouts, could impact Bitcoin’s value.