Posted 12/2/2023, 3:11:03 PM
Bitcoin Trader Predicts Breakthrough to $40K as Price Rises Toward New Floor
- Bitcoin trader The Flow Horse predicts Bitcoin will break through $40,000 barrier soon
- Factors contributing to bullish outlook include upcoming Bitcoin halving event in April 2024 and potential Fed rate decrease
- Traders unlikely to sell now with almost guaranteed higher prices after SEC approves Bitcoin ETF
- Bitcoin currently trading around $38,800, up 3% in last 7 days
- Expert says "it looks like $40,000 is just a rising floor" for Bitcoin price