Week 21 Bitcoin Price Forecast

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Bitcoin Price Forecast Week 21: We're in a period of record low volatility in crypto. There's a lack of funds flowing into the space from retail traders and institutional investors alike causing a stall in the price of Bitcoin. A couple key events need to happen prior to a major lift off in price for the crypto space.

1. Bitcoin's price needs to break and maintain a solid weekly/monthly close above $32K.
2. The SEC needs to approve the spot Bitcoin ETF (Deadline January 2024)
3. The 4th Bitcoin Halving needs to occur (April 2024)

I'm confident that we'll start seeing a return of funds into the space leading into the end of 2023 in anticipation of these major events. 2024 will be a fantastic year for crypto as a whole, but now is the time to accumulate projects that you believe have promise during the bull run.

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