Why Experts Believe $100,000 Bitcoin Is "Highly Plausible"  In  2024?

Bitcoin has surged 160% in 2023, reviving talks of hitting $100K. But is 6-figure BTC possible by 2024 halving?

Halvings constrict supply growth, historically driving 100%+ gains. 2024's could propel BTC to $100K milestone.

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Exchange reserves down 30% from 2020 peak, lowest since 2018. Supply crunch incoming?

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Spot BTC ETF approval could unlock billions in fresh institutional demand. New catalyst for growth?

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Expanding use cases like DeFi, payments boost BTC utility. More than just digital gold?

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But risks remain around regulation, competition from alts like Ethereum. Smooth sailing unlikely.

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Technicals show potentials but challenges breaking key resistance levels.

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Hitting $100K depends on confluence of halving, ETFs, supply squeeze, macro backdrop.

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Despite risks, BTC has history of surprising to upside. $100K in 18 months plausible.

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Long-term indicators flash bullish, but prudent risk management still essential in volatile crypto markets.

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