1. The basic factors driving the upward trend of Bitcoin
The 2024 Halving Event: History has shown that after each Halving, the price of Bitcoin often rises sharply in the following 6-12 months. For example:
2012: BTC rose from $12 to $1,100.
2016: From $650 to nearly $20,000.
2020: BTC rose from $9,000 to a peak of $69,000 in 2021.
⏳ Will 2024-2025 be the next major growth cycle?
Bitcoin Spot ETF: If Bitcoin spot ETFs are approved in the U.S., a large influx of capital from institutional investors will flow into the market, pushing the price of BTC higher.
Adoption: Countries and large companies are increasingly viewing Bitcoin as a reserve asset and a means of payment.
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2. Conclusion and trading strategy
Medium-term trend: Accumulate around key support zones.
Long-term trend: Strong growth after Halving. Investors may consider:
Buying and holding (HODL) Bitcoin when prices correct.
Monitoring resistance zones to take short-term profits.
"Bitcoin ($BTC) is facing a great opportunity in the 2024-2025 cycle. Will history repeat itself?"
📈 What is your opinion on the upcoming BTC price trend? Leave a comment and let's discuss!