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Bitcoin up to 33% since 2024 stops as institutions distract the twist


Bitcoin holders have been celebrating one year since 2024 Bitcoin halving by praising BTC’s stability amid a global trade war and suggesting an accelerated market cycle due to a growing institutional existence.

The 2024 Bitcoin halving reduced block rewards from 6.25 Bitcoin (Btc) up to 3.125 BTC, collapse of the new BTC release in half.

Despite the rise of concerns in a World War Ideal And rising tariff tensions between the United States and China, the BTC has climbed more than 33% since April 2024, cointelegraph market data data pro Shut up.

BTC/USD, 1-year chart. Source: Cointelegraph Markets Pro

“So, even the display of Bitcoin, I think mixing past experiences, economic uncertainty, and the sale of this pressure keeps investors on the edges, waiting for a stronger green light before they jump,” said Enmanuel Cardozo, a market analyst on the asset tokenization brickken platform.

Cardozo added that investment in institutional from companies such as Strategy and Tether The traditional four-year cycle of bitcoin can accelerate. He added:

“For 2024 division in May, putting the bottom around Q3 this year and a peak mid -2026, but I think we can see things moving earlier because the market is older now with more liquidity.”

However, the trajectory of Bitcoin remains tied to greater financial policy, the analyst added. He said a US Federal Reserve Rate Cut in May or June could “inquire more money in the system and push Bitcoin faster.”

Halving is a built-in feature of Bitcoin network that Ensures Bitcoin’s deficiencywhich is considered one of the determination of BTC’s financial characteristics.

Related: Crypto, stocks enter the ‘new phase of the trade war’ as US-China tensions rise

ETFs and institutions are fuel cycle faster

Institutional adoption and bitcoin exchange-traded funds (ETFs) can contribute to a shorter market cycle, according to Vugar Usi Zade, Chief Operating Officer at the Bitget Exchange.

The ongoing institutional purchase, including Bitcoin ETFs, paired with the rising bitcoin deficiency, could accelerate the increase of bitcoin in new highs, he told cointelegraph.

“With the growing deficiency triggered by dividing, Bitcoin will likely recover all the time high if it violates the $ 90,000 mark in the coming weeks,” Usi Zade said. “While the division offers a good basis for demand -based growth and deficiency, the timeline for price impact can vary over time.”

He noted that the growth of Bitcoin remains closely tied to the traditional financial market and investor sentiment.

Related: Refusal of speculation -haka appetite to bitcoin while investors are looking for safety

Reached before bitcoin All times high in $ 109,000 On January 20, 273 days after 2024 Bitcoin Halt, which signed an accelerated market cycle.

Source: Jelle

In comparison, it took Bitcoin 546 days to reach a full time after 2021 halving, and 518 days after 2017 halving, according to data shared by famous crypto businessman Jelle, on an April 8 x x Post.

https://www.youtube.com/watch?v=KQZhvt77xkw

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