$1 Million Bitcoin: Will Bitcoin ETF Approval + Bitcoin Halving Make it Possible?! | by Henrique Centieiro & Bee Lee | Oct, 2023
This is not your typical Bitcoin price prediction: I’ll show you a detailed breakdown of the main variables that can drive Bitcoin to $1M, and the eye-opening Bitcoin price prediction results.
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A number of events are about to impact Bitcoin’s price, and most people are not paying enough attention to the supply/demand squeeze that will happen to Bitcoin in 2024.
Bitcoin is the best-performing asset in 2023, with 109% returns year-to-date.
What’s happening to Bitcoin?
1 — Bitcoin halving in 2024 (which further limits the BTC supply)
2 —A lot of money printing by the Federal Reserve will continue to happen.
3 — Bitcoin will increase its role in investors’ asset allocation.
4 — Bitcoin might have several Bitcoin ETF approved.
5 — The Bitcoin supply available for buyers is very limited.
I will later detail how these 5 factors affect Bitcoin and how they will trigger a massive Bitcoin bull run.
You want to continue reading if you are a crypto investor. I’m going to lay down why and when Bitcoin’s price will hit $1 million.
Robert Kiyosaki, Balaji, Cathie Wood, Jimmy Song, Pompliano, and Larry Lepard, all made sky-high Bitcoin price predictions.