Will Bitcoin reach $100k after the halving, considering the historical trend where the price of BTC increased by 50-60% after past halvings? What's your opinion on the halving? Are you excited for it?
Well, I am definitely excited for the coming halving, but it's important for us to know that the halving alone is and will not be the catalyst that will drive the price of bitcoin to $100,000 and above, for me, I think the main catalyst that will drive the price of bitcoin to such height will be the bitcoin spot ETF approval that we all anticipate will happen between January and February next year.
I could be wrong about the speculated period though, but that is what circulating on the internet, aside that though, I personally believe that the coming bull run might end up being the biggest and most fulfilling bull run in the entire history of cryptocurrency, so, definitely, every crypto holder should be excited, because we are in for a potential break through in terms of finances.
Fingers crossed though, and do not forget to keep accumulating.