Bitcoin Halving in Q4 2023: Smart Money and Mining Activity to Impact BTC Price
Bitcoin is likely to remain rangebound until at least Q4 2023, according to market analyst Filbfilb. He predicts that miners and smart money investors will play a crucial role in driving up the price before the halving. Based on historical patterns, he expects supply to be constricted and new money to be driven by speculation in Q4. However, macroeconomic factors, such as the Federal Reserve’s interest rate decisions, could also impact Bitcoin’s price trajectory. If conditions remain favorable, Filbfilb believes Bitcoin could convincingly break $30,000 before the end of 2023.
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