All stars are aligned for BTC to have a phenomenal ride in 2024. Tread the water carefully - many investors will be swept away by the rapids.
1. Supply & Demand
On April 19, 2024, BTC mining will become a lot harder. Only the best BTC miners will survive. My prediction is CLSK and MARA. CleanSpark has the most upside in low cost mining, while MARA is holding a lot of BTC in hand, ready to acquire other mining companies.
Because of Supply and Demand, BTC price will naturally rise after the BTC halving event.
2. Flood Gate Opens
A lot of money will enter the Bitcoin market because of SEC's approval of spot BTC ETF in Jan. 2024.
3. History Won't Lie
In the past BTC halving events, BTC price has consistently risen to historic highs. So, Yes, this time it will do the same!
