Tron Fan Club "Bitcoin price change factors prediction contest" (June 2024 BTC Price Prediction 60K)

🖐Hello everyone🖐

I'm going to start my post on this community. Today with a big thank you and greetings to everyone. After a long time a very nice competition has been organized in the community which is very nice to see. The topic of the contest that I am going to join today is Bitcoin price change factors prediction contest. I will try to share some information from my experience.

The first thing I want to say is that the biggest reason behind the price increase of any coin is news. Coin price increases based on good news. As a result, Bitcoin and if the price increases, there must be some good news behind it, otherwise the price will not increase. And if for some reason bad news comes, then the price goes down a lot.

Already some good news has come in the market surrounding bitcoin and some more news is going to come in the future. Already a big good news has come that Bitcoin ETF has been approved. As a result, anyone can buy shares of bitcoin from the international market. This is a big support behind the increase in bitcoin price. After that, bitcoin halving is coming on April 19. We know that bitcoin price increases a lot during the halving year of bitcoin.

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If you look at the pictures I shared, you can understand how much bitcoin price can go in this halving. I am sharing with you what the June 2024 bitcoin price can be based on the topic of this contest. Currently bitcoin price is between 41000$ to 45000$. The closer Bitcoin halving gets, the more bitcoin price is slowly going upwards. According to my opinion, bitcoin price will reach 60,000$ by June 2024.

I am sharing with you the reasons why bitcoin price is likely to reach 60,000$ by June 2024. Earlier I have shared some photos with you, I hope you understand a bit by looking at the photos, but I am telling you the details. The first thing is the news of the market and in this Bitcoin ETF has been approved, it is a big good news. Second, April 19 is bitcoin halving. We all know that bitcoin price increases a lot during halving. And as we have seen from last year's technical analysis and fundamental analysis, after the bitcoin halving year, the bitcoin price increases a lot and after that it slowly goes up, there is very little chance of going down. In that case I can say that bitcoin will go up after halving and currently since this January bitcoin is between 41000$ to 45000$ that means bitcoin price will slowly go up in the coming months and it is likely to reach 60,000$ by June 2024. This was my Tron Fan Club "Bitcoin price change factors prediction contest" June 2024 price prediction. Hope you will definitely let us know how you like it and if you like it, please give us feedback. Thanking everyone, I ended my post here.