Lots and lots of expectations from crypto investors, especially following the hyping of bitcoin halving that will take place on April 2024 and the approval of bitcoin spot ETF on January 10,2024, as left many crypto and bitcoin enthusiasts hopeful, as so many investors are buying up more bitcoin awaiting the bull run. No doubt the expectation is high, but what price is bitcoin heading from here ? Let me quickly make a technical analysis on this.
Bitcoin as recently experience a great surge in price building from $32,000 to the highs of $45000, but most investors are hoping to see bitcoin at $100,000 and above. Well, are we getting here ? And what price should we be expecting from this current price now ?
Let's look at the chart below showing bitcoin price and my prediction of where we should be heading from here.
