In 2024, Bitcoin is seeing increasing demand from institutional investors, pushing discussions on Reddit about the relevance of its past four-year halving cycles. This trend could signify a shift, with MAJOR players supporting Bitcoin’s evolution beyond traditional price patterns.
Nations like El Salvador are embracing Bitcoin as part of their reserves, illustrating a geopolitical pivot toward cryptocurrency. The proposal for a U.S. Strategic Bitcoin reserve by U.S. Senator Cynthia Lummis underscores its rising importance on the global stage.