3 Reasons Bitcoin Could Bounce Back in the Second Half of 2024
So far in 2024, Bitcoin (CRYPTO: BTC) is up a resounding 47%. So it might sound a bit strange to be talking about a Bitcoin bounce-back in the second half of the year.
But here's the thing -- ever since Bitcoin hit a new all-time high of $73,750 back in March, the world's most popular cryptocurrency has largely traded sideways or down. At one point, Bitcoin even fell below the $54,000 mark, and some feared that it might dip below $50,000. But there are three very good reasons why Bitcoin could regain its bullish momentum in the coming months.
When the Bitcoin halving took place on April 19, many crypto investors assumed that the price of Bitcoin would immediately skyrocket. But that simply has not been the case. If anything, the opposite has been true. As a result, some people have entirely given up on the expected halving boost.
Source Fool.com
