Bitcoin Price Poised for Growth Ahead of 2024 Halving Event
• SEC approval of spot Bitcoin ETFs to increase demand and accessibility of Bitcoin
• Bitcoin's next halving event in April 2024 will reduce block reward and constrict supply
• Past halving events have led to significant BTC price increases in following months and years
• Combination of higher demand and lower supply makes a compelling case for Bitcoin growth
• Stock-to-flow model implies Bitcoin value of $62,000 in April 2024, a 34% increase from current levels