TL;DR
- Bitcoin’s Recent Surge: A 15% price increase over a week, linked to a Bitcoin ETF ticker by BlackRock appearing on a key website, boosting market sentiment.
- Spot Bitcoin ETF Significance: It is seen as a potential catalyst for a bull run.
- ChatGPT’s Outlook: For a $1 million Bitcoin price by 2024, multiple factors, especially the 2024 Bitcoin halving, could drive such growth.
Bitcoin’s price has been the subject of massive debates throughout the years, especially when the cryptocurrency seems to be on the cusp of another bull market.
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