By next December, we should be beyond $70K.

As soon as various Spot Bitcoin ETFs get approved, it will (officially) be game over for the BTC/crypto haters who argue it is primarily used for illicit activity.

However, I am more excited about the upcoming Bitcoin Block Reward Halving than what's happening in the USA (i.e., ETFs), as the supply shock for the entire blockchain has a much greater bearing on the system.

With 450 fewer BTC being mined daily (from 22 April 2024, at current rates), this will be a major driver of the coin's price moving forward.

MicroStrategy and other companies are desperate to get as much BTC now whilst the digital asset is still relatively cheap and abundant...but not for much longer.