đ Bitcoin Breaks $70K Ahead of Halving â Whatâs Next?
Bitcoin has smashed through the $70K resistance level, fueling excitement across the crypto space! đ With the highly anticipated Bitcoin Halving just weeks away, many analysts predict further volatility and potential new all-time highs.
đ¸ Why It Matters: The Bitcoin Halving, set for April 2024, will reduce block rewards from 6.25 BTC to 3.125 BTC, decreasing supply and historically driving price surges. đ¸ Institutional Demand: ETFs are accumulating BTC rapidly, adding buying pressure. đ¸ Market Sentiment: While bullish momentum is strong, traders remain cautious of short-term corrections.
đ Will BTC hit $100K post-halving, or is a correction coming first? Drop your predictions in the comments! đ
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