The upcoming Bitcoin halving, set for April 18-19 2024, marks a significant event in the cryptocurrency’s cycle, reducing miner rewards from 6.25 to 3.125 Bitcoin per block.

In the past, it took around 400 days for BTC price to peak after a halving.

That would coincide with post-elections (US) rally, additional demand from inflows into BTC Spot ETFs, and possibly Fed rate cuts, which have been pushed out from 2024 into 2025 due to uptick in inflation.

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Bitcoin (BTC) price could surpass $100K by year-end 2024, according to some analysts.

With supply of new BTC reduced by a half and demand for BTC growing due to growing mainstream adoption, BTC Spot ETFs, and institutional demand, the price of BTC is likely to rise further.

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