Greetings readers

Future of Bitcoin. 

Today is very good news for mainstream Cryptocurrency under especially about bitcoin and Ethereum. This week is going to be very happy and profitable for bitcoin holders. Today on everyone touge is bitcoin. I was reading the news and there was new development and news about bitcoin. Even on telegrams, all signal groups are talking about Bitcoin. 

Surprisingly, maybe you saw that the Bitcoin market is not going down or not going up much. It is stable. Buyer ate waiting to buy bitcoin if the correction happens in bitcoin and the market comes down. 

Hopefully, in the next three days, all Cryptocurrency will go all-time high. 

Bitcoin halving effect on Cryptocurrency.  

Lemme spell out Bitcoin halving. This halving periodically is done.

The Bitcoin network is controlled by miners. In return, they get Bitcoin as a reward. During halving Bitcoin rewards become half. Because biti Maximum capital is 21 million Bitcoin. 

This process is done after every 4 years. 

On 28, November 2012 halving. And Bitcoin goes up. Bitcoin price increased 9800%. 

In 2017 halving Bitcoin again went up 3000%. 

The reason behind this, Bitcoin supply goes down and demand is high so the price goes up. 

New halving in 2024 prediction is that bitcoin would cross 520000 USD. 

In the next few days maybe Bitcoin will shock all of us. Because prediction is that Bitcoin can go up to 10000 and prediction is 160000 USD. 

ETF Can trigger Bitcoin

An ETF is an exchange trade fund. 

In the USA there are 140000 investment advisors registered in USA securities and exchanges. They advise their clients to invest in desired fields. They lead approximately 61 million clients. 

If they advise Their customers to invest their shares in Cryptocurrency they can boost Bitcoin's 110 trillion market cap. 

Now the Bitcoin market cap is 2.50 trillion. Now imagine if they do that then in 2024 Bitcoin can go and cross 520000 USD. 

Many EFTs are going to support Bitcoin for example share. They would help Bitcoin to boost up. 

Gray-scale

Gray-scale is going to invest in Bitcoin. This is popular and can boost bitcoin surprisingly. They would keep long term holding. So this is very good news for Bitcoin indeed. 

Why should we be curious about BTC? 

First of all, all Cryptocurrencies are going to hit their all-time high. In the future, all Cryptocurrencies are going to the moon even there is very good news about bitcoin cash too. So stay calm and wait for it. 

Most institutions are willing to invest in bitcoin. They are waiting to get a signal. Then they are ready to invest in any Cryptocurrency. 

100+ million people have Bitcoin and they are storing it for the future. Because people started to believe and accept bitcoin as the best digital money. They trust Bitcoin more than other Cryptocurrencies. 

Bitcoin has become mainstream. Bitcoin has become so popular. On TV programs and news nowadays the hot topic is Bitcoin. Many countries are taking digital currency as a future currency so Bitcoin is the best option for them. 

Thanks for reading and stay tuned for more news about Cryptocurrency.