Summary
Analysts are optimistic about Bitcoin prices rising by year-end due to continued demand from spot exchange-traded funds, even as the supply of Bitcoin decreases after the halving event.
Key Points
1. Optimism in the market for significant price increases by year-end
2. Expectation of continued demand for bitcoin through spot ETFs despite diminishing supply after halving event
3. Analysts led by Nikolaos Panigirtzoglou emphasize the potential impact of these factors on bitcoin’s price trajectory