Posted 2/28/2024, 7:39:00 AM
Bitcoin Prices Poised to Hit All-Time Highs Again Thanks to Upcoming 'Halving' and Continued Institutional Interest
- Bitcoin prices may hit $69K lifetime highs soon due to bullish sentiment before upcoming halving event in April
- Halvings historically precede big BTC price rallies, decreasing mining rewards and bitcoin supply
- Traders expect new bull market and institutional buying to push prices up
- Bitcoin ETF trading volumes hit new highs over $3B recently, indicating strong institutional interest
- BTC prices have support at $50K and may hit lifetime peaks in March per analysts