Bitcoin (BTC) did not rise as projected following its halving. History suggested us BTC will achieve an all-time high shortly after the event, but earlier this year’s all-time pricing may have warped its odds. Bitcoin then lost ground and shivered about $60-$62k.
Bitcoin has resumed its surge and is now over $66k. This has analysts wondering what’s next for Bitcoin. In an intriguing article, a crypto writer suggests bulls might drive Bitcoin to $90k, another all-time high in 2024.
While Bitcoin may be rising, we believe these cryptocurrencies might have even higher returns.
On May 13, all 11 US Bitcoin ETFs saw $66 million in inflows. Despite spot Bitcoin (BTC) ETF purchases slowing and occasionally going negative, BlackRock’s IBIT and Grayscale’s GBTC saw zero net flows that day.
