With Bitcoin's value rising ov

With Bitcoin's value rising over 16%, there is speculation about whether it could surpass the $70,000 mark. Several factors contribute to this potential rally, including increased institutional adoption, favorable macroeconomic conditions, and the upcoming Bitcoin halving event, which historically has boosted prices. However, challenges remain, such as regulatory scrutiny and market volatility. Investors are optimistic but must remain cautious of potential corrections. If the current momentum sustains and these positive drivers continue, Bitcoin could indeed break new all-time highs, possibly surpassing $70,000.

BTC Rebounds: Possible to Hit $120,000 in 2024?

Federal Reserve Chair Jerome Powell stated on Wednesday, "We are not allowed to hold Bitcoin." During the meeting, policymakers cut interest rates as expected while signaling uncertainty about the path of monetary policy in the coming months. Bitwise predicts Bitcoin will trade above $200,000. ------------ Will there be a year-end rally sprint? What's your target price for Bitcoin in 2025? Will MSTR hit $500 again this year?

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