Posted 3/28/2024, 7:21:00 PM
Bitcoin Soars to New Highs as Institutional Adoption Accelerates
- Bitcoin price is skyrocketing, potentially signaling an end to its 4-year boom/bust cycle driven by the halving event
- Institutional interest is surging, with record ETF inflows driving further mainstream adoption
- Regulatory uncertainty and economic factors could disrupt bitcoin's upward trajectory
- This cycle may be more driven by institutional flows rather than the halving itself
- If volatility dampens, focus could shift to sustainable growth vs timing market cycles