Key Bitcoin Events to Watch as 2024 Approaches

By Lola Coin Jun 27, 202369Views

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With the 2024 Bitcoin halving approaching, crypto investors are becoming more bullish. However, there are other major events that could affect the price of Bitcoin. The filing of a Bitcoin ETF by BlackRock has caused excitement in the market. Important dates in the timeline of the filing have been outlined, starting with the publication of the filing on June 28. The first deadline for a response from the SEC is August 12, 2023, with the possibility of an approval, denial, or extension. If extended, another decision will be presented on September 26, 2023, and another on December 25, 2023. Assuming all extensions are taken, the final decision date is February 23, 2024. An approval could trigger a bull rally, while a denial could cause a market downturn. However, the Bitcoin halving on March 25, 2024, could help the market recover. Bitcoin is currently holding above $30,600 and has seen a 14% gain in the last week.

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