I am terrible at price predictions. I just think thereโs too much hype and overconfidence going into 2024. I am can be completely wrong at bitcoin flys by $100k.
What makes you believe this halving will be different? Agreed on the ETF being a sell the news event
Discussion
Reasonable. I think it'll probably have a bull run 2024/2025 but the price is questionable. I think the old ATH isn't unreasonable and the market cap has a chance to challenge the amount of USD in circulation. The halving will put the incoming supply at a lower rate than any other asset of this value which could make that store of value thesis get tested more (more stability at high prices). Cheers and Happy New Year๐ป