The completion of Bitcoin's halving event is a significant milestone in the cryptocurrency's journey and marks the beginning of a new era for Bitcoin and related stocks, such as Coinbase $Coinbase Global, Inc.(COIN)$
Driven by continued adoption, scarcity, and a potential increase in institutional interest, I am of the view that Bitcoin could surpass $80,000 in 2024.
On the other hand, given the potential for increased trading activity and revenue following Bitcoin's halving, I think Coinbase could reach $400 in 2024. However, market volatility and regulatory uncertainties may influence the actual outcome.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
