Analysts have recently focused on Bitcoin’s potential trajectory after its anticipated halving event. Adrian Zduńczyk, a prominent crypto trader, has shared a bullish outlook, suggesting that Bitcoin could soar to new all-time highs post-halving. Zduńczyk’s projections shared on X, hinge on favorable market conditions and pivotal financial events. Related Reading: CryptoQuant Sound Alarm: Spot Bitcoin ETF Approval May Trigger Drop To $32,000, Here’s Why Bitcoin’s Bright Outlook The beginning of 2024 has already seen a positive trend for Bitcoin, reflecting a growing confidence among investors. Zduńczyk links this optimism to a parallel movement in traditional markets, particularly the S&P 500, expected to deliver a 12.8% return in January. This positive trend in the stock market is seen as a potential catalyst by analysts for increased capital inflows into Bitcoin, reinforcing the correlation between the cryptocurrency and US stock markets. 3/ With an abnormally strong +12.8% est. S&P return and strong correlation, BTC should get additional reinforcement from bullish stock market outlook. Besides, #BTC‘s weekly chart shows support @ $30k, with rising 50-wee ..
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