Bitcoin Price Surge Expected Ahead of April Halving Event

Bitcoin price has surged over the last few months and could see massive gains ahead of its April halving event, based on the recent price movement of bitcoin cash ahead of its halving.

Bitcoin price predictions of $150,000 by the April halving have been made, with the halving expected to reduce bitcoin supply and drive up demand.

Bitcoin price has already topped $70,000 and has been boosted by the launch of Wall Street bitcoin ETFs that have accumulated a lot of bitcoin.

Investors are betting on further bitcoin price appreciation leading up to and after the halving event in April.

Recommendations are to add to bitcoin positions on any dips below $60,000, with price target of $80,000 later this year.