![Bitcoin Could Surge to $160K on Halving, Spot ETF Hype in 2024, But Risks Remain Bitcoin Could Surge to $160K on Halving, Spot ETF Hype in 2024, But Risks Remain](https://digitallifegaming.com/wp-content/uploads/2023/12/LPVJQFXQLBBJZKGFAXTHC7CSFU-768x402.jpg)
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“We argue that bitcoin and crypto markets could have a positive year in 2024 mostly amid the effects from: 1. The market valuation cycle, 2. Network activity, 3. The bitcoin halving, 4. The macroeconomic perspective, 5. Bitcoin spot ETF approval and 6. Growing stablecoin liquidity,” analysts at CryptoQuant said.
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