Bitcoin Surges Past $30K as SEC Spot ETF Approval Looms, Sparking Price Predictions

Bitcoin breaks $30,000 as expectations rise for SEC approval of spot bitcoin ETFs within months. Analysts predict inflows could boost bitcoin's price and market cap significantly.

Bitcoin's historical halving expected soon, likely causing major crypto price volatility.

CryptoQuant predicts potential spot ETF inflows of $155B could boost bitcoin's price to $50k-$73k.

GBTC saw just $5.5B inflows during 2017-18 bitcoin rally from $10k to $64k.

First ETF approval deadline is Jan 2024 for ARK 21Shares filing. Other deadlines stretch to mid-March.