Realistic Bitcoin Price Prediction going into the 2024 Halving Event
If Bitcoin follows its past price behavior that it has during the 2021, 2016, and 2020 halvings, Bitcoin will most likely peak at 46.3K slightly before April next year. Bitcoin always seems to be following a period between the previous bull-run peak and the next halving that peaks at around 33% from its previous bull-run high. LOOK AT THE PRICE CORRECTION SINCE THE 2021 PEAK: NOW, LOOK AT PAST CYCLES. COINCIDENCE? WE AGAIN SEE THIS IN THE 2012 CYCLE: Bitcoin always seems to be repeating the same pattern in begtween the halving peak and the next its next halving. So, the next peak before the halving is around 46.3K I believe that the pre-halving peak of 46.3K will be touched slightly before the halving date as happened before the 2016 halving. It is my opinion that the next bull-run peak will happen at a price ranging from 87k to 100k by Mid to late 2025 once the halving effects would have subsided. I say this because the past post-halving...