While the U.S. Securities and Exchange Commission (SEC) is but to take a choice on the a lot awaited rule change on the itemizing of a spot Bitcoin alternate traded fund (ETF), the Bitcoin (BTC) price continues to be on the rising curve. The potential approval of the primary ever spot Bitcoin ETF and the Bitcoin Halving makes it an optimistic case for buyers and merchants to count on additional positive aspects.
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Dan Tapiero Sees BTC Price At $100K
Macro guru and funding supervisor Dan Tapiero expressed bullish sentiment round Bitcoin, come the following bull run. While a number of in style buyers have already predicted BTC value to be within the vary of $500,000 and $1 million over the course of the present decade, Tapiero has a conservative estimate of $100,000 within the subsequent few years. This means the following bull run ought to give a leap by a a number of of 3 times, from the present degree of beneath $40,000.
With the Bitcoin Halving occasion set to happen in early a part of the second quarter of 2024, widespread expectations round a possible BTC value rally are supported by value developments across the earlier Halving occasions.
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