Bitcoin Price Could Nearly Triple to $160,000 by 2024 Due to Halving, ETFs, Macro Trends
• Bitcoin could reach $160K in 2024 due to upcoming halving event, historical price rallies after halvings, and spot ETF hype • 7 major traditional finance players in talks with SEC for spot bitcoin ETFs, which could drive significant demand • Lower interest rates expected in 2024 which typically benefits risky assets like crypto • Short term price correction possible as recent investors sit on large unrealized gains • Bitcoin already up 180% year-to-date in 2022, continuing strong bull market momentum into 2024