Not expecting too much I think 2024 is the halving season starting year. If we see the history price of bitcoin then we will see that the price of bitcoin always start the bull run after the ending of bitcoin halving season not in the halving season. But bitcoin ETF approval accepted now in this month so we can see a positive effect on bitcoin price for this.
On the other hand, if you look at every halving year, then we should expect bigger things to happen specially that it is the catalyst for a bull run. It could be as massive as the last time, and I think majority is seeing at least $100k as the next all time high.
And with that, we should be very excited once again as the bear market is officially over once we are in the post halving. Bitcoin ETF approval should just be another factor to add to the positive sentiments of the market for this year so let's wait and see how everything will settle in the next 10 months or so.
It is going to fly higher! I don't think there is any controversy about this, Bitcoin is moving higher, and we should not mind what is happening recently which is highly discouraging, it is temporary, especially after the ETF approval. This is well-expected by me, the hype of the ETF approval was too much, it is always like that, and the market will not be freaked again when it eventually gets approved. This is what we are experiencing now, but with time Bitcoin will move higher and will hit $100,000 for sure even if it doesn't move higher than that. One thing that is sure is that the next ATH will be determined in the next post-halving season, and we are all waiting for halving to happen, which will erase all that is happening now in the Bitcoin market.
And for the approval of the ETF, this year's halving might be greater in bullish effect, only that since the market has been inculcated into the mainstream of the financial market where institution traders/investors have taken over, the growth might no more be as people are saying, nonetheless, it should be sizeable enough to give people profit, especially those who can buy it through the futures market.