WhalePanda: By the end of 2024, the price of Bitcoin is expected to reach around $100,000 to $120,000

Cryptocurrency social media commentator WhalePanda said that the approval of a Bitcoin spot ETF could potentially cause Bitcoin to surge to around $50,000. Depending on how long it takes for the ETF to be launched, he will start selling off. If it takes a month to launch, it may drop to around $40,000. Afterward, just like a normal Bitcoin bull market, Bitcoin will steadily rise from April to May and break through $70,000. There may be some stagnation during the summer and then reach around $100,000 to $120,000 by the end of the year.