Bitcoin Adoption, Halving Go Push Rally Pass $150K
Bitcoin price don ready to go strong as worldwide adoption dey increase among retail, institutional and government investors. Cooper Research talk say BTC go pass $100,000 for Q3 2024 and reach $150,000 by October, na the April halving, small small miner reserves and more on-chain activity dey push am. Companies like Japan’s Metaplanet and countries like El Salvador don adopt Bitcoin as main asset, wey dey boost network effects and portfolio returns. Some models even talk say Bitcoin price fit reach $1 million by 2027 because e get fixed 21 million cap plus demand dey grow. Traders suppose watch regulatory developments and macroeconomic shakiness wey fit cause small short-term pullbacks, but long-term outlook still dey bullish.
Bullish
Di unified news dey highlight strong bullish catalyst for Bitcoin price. Di April 2024 halving go reduce new supply, while on-chain data dey show say miner reserves dey fall and network activity dey increase. The way retail investors, institutions, and governments dey adopt am more, plus di $100,000 forecast for Q3 and $150,000 by October, dey support sustained upward trend. Even though regulatory change and macroeconomic events fit cause short-term pullbacks, di long-term supply-demand imbalance plus better price models show say buying momentum go continue.