Will Bitcoin Be a Buy in April? Here’s the Data
From Nasdaq: 2024-04-18 09:37:46
Bitcoin is set for its halving on April 19 after a strong performance, reaching $73,750.07. The SEC’s approval of spotbitcoin exchange-traded funds added legitimacy, leading to record highs. Historically, bitcoin has seen price appreciation post-halving with average returns of 8,762%, 2,575%, and 594%. Bitcoin ETFs have attracted $58 billion in assets since their launch three months ago, signaling a buy opportunity in April. Experts predict bitcoin may reach new highs after the halving, potentially hitting $100,000 in the coming months.
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