Posted 2/11/2024, 2:37:00 PM
Bitcoin Price Soars Past Year's Highs - Should You Buy Now or Wait for a Dip?
- Bitcoin price doubled in past year due to stabilizing interest rates, new BTC ETF approvals, and bullish market rotation
- Price remains 30% below all-time high, so could rally to new records
- Upcoming "halving" event will reduce Bitcoin supply and could boost price
- More countries/companies adopting Bitcoin as payment method or asset could drive growth
- Price targets wildly vary from $100k to $1 billion by 2038, but volatility likely as Bitcoin gains mainstream status