Bitcoin is nearly a year away from a key technical event — which might be the catalyst for a prolonged climb in the cryptocurrency’s value.
In April or May 2024, bitcoin is expected to undergo its next so-called “halving,” though the exact date is not yet known.
Bitcoin has been rising in the past few weeks in anticipation of the halving, as a potential U.S. Federal Reserve interest rate cut contends with the prospect of sluggish growth and tightening credit conditions resulting from woes in the banking sector.
When Bitcoin go to new ATH?