Bitcoin Price Poised for Bull Run to New Highs in 2024
- Bitcoin could have a bull run in 2024 and reach a new all-time high
- Bitcoin's fair value is around $42,000 and its 200-day moving average is $29,000, both trending up
- Very few long-term bitcoin holders are selling, a bullish sign
- Bitcoin halving in April 2024 expected to boost price
- 2024 presidential election historically positive for bitcoin's price, rising 160-303% in recent election years