Posted 3/28/2024, 9:30:00 AM
Bitcoin Price Poised to Surge Following Halving Event and Potential Spot ETF Approvals
- Next month's bitcoin halving could bolster ETF tailwinds and positively impact price
- Spot ETFs could become more meaningful for bitcoin's price action going forward
- Bitcoin's Q1 rally was driven by ETF approvals, impending halving event, and appetite for risk
- Miners are showing signs of decoupling from bitcoin's price as halving raises profitability questions
- Historically, the months after the halving have tended to be very bullish periods for bitcoin
