"2024 Crypto Forecast: Bitcoin's Bull Run, ChatGPT Predictions, and Wall Street's Trillion-Dollar Wave"
The crypto industry is poised for significant growth in 2024 with three major bullish events for Bitcoin: the potential approval of the first spot Bitcoin ETF in the US, the scheduled Bitcoin halving event in April which will reduce block rewards and the production rate of BTC, and the anticipated bull market following historical trends post-halving. The SEC's expected approval of a spot Bitcoin ETF, particularly with heavyweight contenders like BlackRock, has the community optimistic, while the halving event is known to precede substantial price rallies, as seen when BTC reached $69,000 after the last halving in 2020. The crypto market is closely watching these developments as Bitcoin's price has already surged in anticipation.