Post-Bitcoin Halving: Leading Crypto Fund Sets $148,000 Price Target
In a recent deep dive into Bitcoin’s historical performance and future potential, Pantera Capital, the fifth-largest crypto hedge fund by AUM, has projected a staggering $148,000 price target for BTC post its next halving event. When Bitcoin Price Could Reach $150,000 The “Blockchain Letter” released by Pantera Capital meticulously analyzes BTC’s past halving events and […]
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The 2024 Bitcoin halving is only two days away, and there are already varying expectations of what might happen to the BTC price once the event is completed. One way to get an idea of how it could play out for the Bitcoin price, though, is through historical data and how the cryptocurrency has performed at times like these. Bitcoin Price Trends For Previous Halvings There have been three halvings so far since Bitcoin was first launched in 2009 and with each one, Bitcoin has demonstrated various reactions to the event. The first halving took place on November 28, 2012, the second happened....
Analysts have unveiled their forecasts for October as the Bitcoin (BTC) price has pushed past the $28,000 mark. The cryptocurrency is currently experiencing an upward trajectory in October, firing up hopes for a productive month. Analysts Predict A Bullish Run For Bitcoin Price In October The month of October also referred to as Uptober in the crypto community has always been a bullish month for Bitcoin with a lot of gains. The cryptocurrency has always finished October with gains, doing so 8 of out 10 times since 2013. Related Reading: Crypto CEO Very Bullish On XRP Price, Sets Make Or....
Bitcoin price is gaining in momentum, tracking along well with the many scarcity-based valuations models that exist. These theories all believe that the cryptocurrency’s block reward halving kicks off a markup phase of epic proportions. Currently, there are only two previous samples to go by, each where the asset explodes in ROI post-halving. At present, […]
The price of Bitcoin has surpassed the critical $14,000 mark, the highest level since January 2018. The price of Bitcoin (BTC) surpassed $14,000 on Oct. 31, the day Satoshi Nakamoto released the Bitcoin whitepaper in 2008. Since then, the world's biggest cryptocurrency has seen remarkable and exponential growth across various areas.The daily price chart of Bitcoin. Source: TradingView.comFast forward 12 years, since the October 31, 2008 release of the whitepaper, Bitcoin is in a different growth trajectory. An institutional craze is leading the BTC rally, major financial institutions are....
The flagship cryptocurrency, Bitcoin, is up by over 100% year-to-date (YTD). Despite these impressive gains, there is still reason to believe that the crypto token’s resurgence isn’t done, as there could still be new highs before the year runs out based on analysis from prominent figures in the community. Bitcoin To Hit $69,000 This Year? In a post shared on his X (formerly Twitter) platform, prominent crypto analyst Dave the Wave suggested that Bitcoin could surge to its previous highs this last quarter of the year. Although he didn’t state what highs exactly, the accompanying chart he....