A major event scheduled for early next year has market analysts predicting significant gains for the bitcoin price in the coming months.
The anticipation around the U.S. Securities and Exchange Commission’s upcoming approval of a spot bitcoin exchange-traded fund (ETF) and bitcoin's impending halving in 2024 have made it so the world’s largest cryptocurrency is on track to reach $50,000 soon, according to several analysts observing crypto markets.
Source - The Street Crypto.
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