Posted 12/1/2023, 8:55:50 PM
Bitcoin Price Poised to Surge to Record Highs by 2023 Due to Halving, Institutions, and Limited Sellers
- Bitcoin price could surge to all-time highs by 2023 due to bullish catalysts like BTC spot ETFs, 2024 halving event, and Federal Reserve actions
- Increased institutional adoption from the likes of BlackRock and Ark Invest could push prices higher
- Few Bitcoin sellers means prices are set on the margin
- Bitcoin's inflation rate will be cut in half after the 2024 halving event
- Mike Novogratz predicts Bitcoin could reach or surpass its previous all-time high by 2023