Coinbry

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  • 24h Vol: $86,851,926,071.31
  • BTC Dominance: 49.88%
Bitcoin Halving in 2024 Suggests BTC Price Could Reach $130K

Bitcoin Halving in 2024 Suggests BTC Price Could Reach $130K

According to multiple analytics models, Bitcoin is expected to reach $128,000 or more by the end of 2025. A popular trader and analyst, CryptoCon, has predicted a two-year target of around $130,000 for Bitcoin. Various models and charts suggest that the price of Bitcoin is likely to converge around $130,000 in 2025. The timing of previous cycle tops and all-time highs indicate that the price of Bitcoin could reach about $138,000. The next cycle top is expected to occur in 2025, just under twice the current record set in 2021. However, some market commentators believe that there could be new local lows before the bull market gains full force in 2023. It is advised that any new lows should be seen as an opportunity for re-accumulation.

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