While the bear market is deepening, many investors are ignoring the bullish factors driving Bitcoin to new highs in 2025. Crypto strategist Lark Davis thinks so.
On March 4th, prominent YouTuber and crypto influencer Lark Davis decided to think outside the box and put all the major corporate acquisitions together. The goal: is to reinforce his belief that what could happen after the Bitcoin halving in 2024 is “going to blow people away.”
Lark Davis isn’t just trying to make a bear market statement in a series of tweets. He also compiles a list of the most important adaptations to support his statement.
To start with, the influencer tweeted the following:
“Don’t be fooled by the bear market. Corporate adoption of cryptocurrencies is happening. Some big players are making some serious moves.”
Therefore, according to Davis, what could follow the BTC halving in 2024 could exceed all expectations. Number 1 on Davis’ cryptocurrency adoption list is BlackRock, the world’s largest wealth manager, with up to $10 trillion in assets under management (AUM) under management.
According to Davis, BlackRock has launched a private Bitcoin spot fund to launch its own BTC trading service, along with a collaboration with Coinbase, one of the largest cryptocurrency exchanges.
Third on Davis’ list is none other than Visa, Mastercard’s direct competitor. The influencer reflects on Visa’s close collaboration with WirexApp, another crypto payments app, to expand its crypto-linked debit card worldwide, including to customers in the US, Asia Pacific, UK, and, in the future, in 40 other countries, according to Davis.
2024 is the BTC Halving: What to Expect?
Along with Davis’ breakdown of why the bitcoin halving could have a bigger impact than expected, the BTC halving is an update that both bitcoin maxis and the broader crypto community have been anticipating: everyone hopes that it can be a good catalyst to get us out of this bear market nightmare.
According to Pantera Capital, the next bitcoin halving is expected to take place on April 20, 2024. And while the market peaks on average 1.3 years after the halving, if history turns repeats, the next BTC halving could result in BTC rising to $36,000 immediately before the halving and rising to $149,000 after the halving.
There is still a bit of time before the halving, and BTC continues to suffer from a downward trend, following several negative industry news. These include fallout from US-based crypto-friendly bank Silvergate. Over the past 7 days, the price of BTC is down almost 5%.
Should Bitcoin Be Bought Now?
Bitcoin is considered the lowest-risk cryptocurrency, so Bitcoin can be bought today. For those interested in optimized risk-return potential, it might be worth taking a look at C+Charge (CCHG). According to forecasts, the Blockchain-based crypto project is developing a promising payment and charging system for electric cars. currently on presale. One CCHG costs 0.018 USDT; in 1 day and 3 hours, the price increases to 0.019 USDT.
By Audy Castaneda
