From NASDAQ.: 2024-04-03 12:19:55

Bitcoin is surging, with experts saying it’s prime time to invest. SEC approval of spot Bitcoin exchange-traded funds and the upcoming halving signal price appreciation. Mark Cuban and Robert Kiyosaki are vocal supporters of Bitcoin’s upward trajectory. Institutional investors are also joining in, making the case for buying more compelling.

Despite volatility, Bitcoin hit $66,000 on April 3 and is up 132% in the past year. The asset’s bullish case is supported by inflation, dollar devaluation, MOMO, and FOMO factors. Lucas Kiely expects an exhilarating second quarter with a potential new all-time high above $75,000 before the halving, though short-term volatility is likely.

Read more at Nasdaq.: Bitcoin’s Moment: Is Now the Prime Time to Invest?