Posted 3/23/2024, 1:15:00 PM
Bitcoin Soars Near All-Time High Above $67,000 on Halving Hopes and Growing Mainstream Acceptance
- Bitcoin has skyrocketed over 300% since early 2023 and is near its all-time high price
- Favorable backdrop in 2024 of spot ETF approvals, upcoming halving event, and potential Fed interest rate cuts
- Bitcoin has a fixed supply cap and provides an open, decentralized payments system with censorship resistance
- Bitcoin has proven resilient, bouncing back from lows to reach new highs over 15+ years
- The best time to buy Bitcoin was 2009, the next best time is now while it's trading around $67,000