In this article we will see some predictions about the price of Bitcoin by the end of the year: comparing it to the performance in previous market cycles, we can hypothesize a price above $100,000 by December.
Let’s see all the details below.
Bitcoin price predictions in USD: comparing with other bull cycles
At this historical moment, making predictions about the future price of Bitcoin is not easy at all, especially after the currency has broken a decade-long spell that was affecting its price action and preventing it from reaching new all-time highs before the date of the halving.
Indeed, this time around, Bitcoin surpassed the $69,000 threshold in the first days of March, more than a month ahead of the fateful event of halving miner rewards, disrupting all analyses based on pre and post-halving prices.
Although many believe that the timing of bull/bear cycles has been changed by the advent of Bitcoin ETFs on Wall Street, we remain faithful to what history tells us: we
We współpracy z: https://en.cryptonomist.ch/2024/03/22/forecasts-for-the-price-of-bitcoin-100000-usd-by-the-end-of-the-year/
