Bitcoin in the year of the halving

Happy new year 2024

Happy New Year!

This is the last short note from my holiday break. We’ll be back with our normal schedule on Wednesday.

Now 2024 is the year of the 4th halving. It is also likely to be the year of the spot Bitcoin ETFs in the US. And it could also be the year where the financial conditions continue to ease. 

Recession or no recession that is the question. But everything else is positive for Bitcoin. 

So there are good reasons to expect that BTC would perform at least as well in 2024 as it did in the previous halving years.

Let’s see how that plays out.

Cheers,

Nick

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P.S. In case you want to catch up on your reading during the holidays here are some recent issues of the newsletter you might have missed:

• MicroStrategy is getting close to the 1% club.

• Are the miners cheap relative to Bitcoin?

• Is Bitcoin going to stick to a well known pattern in 2024?

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