Thu 29 Feb 2024 ▪
7 min read
▪
by
Luc Jose A.
The Bitcoin (BTC) market is booming. Recently achieving a spectacular push beyond $55,000, the flagship crypto was worth just under $57,000 yesterday. Here we are 24 hours later. The asset has gained over 4% on its valuation from the day before and is now worth $59,000. An astounding result considering that a year ago, Bitcoin was worth half of that. With this performance, one question arises recurrently. Will Bitcoin reach, or even surpass, its price record of $69,000 before the halving? Here is an analysis on this questioning which is highly relevant in the current context.