Bitcoin Volatility Spikes Ahead of 2024 Halving That Could Fuel Next Bull Run
• Bitcoin price slipped below $70,000 on Monday as volatility spiked ahead of April's block reward halving • Bitcoin's 30-day annualized realized volatility recently hit 63.76%, its highest level since August 2022 • Halvings occur every 4 years and see the mining reward cut in half to control supply • While halvings typically precede price surges, some say 2024's may be priced in already • Possible supply crunch from halving and recent Bitcoin ETFs could still make this one bullish