CandleFocus Bitcoin Price Predictions: The Q4 of the halving year is bullish
2024-09-16
Author: Content Editor
Bitcoin's historical post-halving performance suggests that the cryptocurrency tends to perform well in the last quarter of halving years. The average growth of Bitcoin in Q4 following the halving is 88.84%, indicating potential for explosive gains in the coming months. Additionally, the trend of miners' revenue, which is currently at a four-year low, suggests a reversal in the near future. Several experts have made bullish predictions for the future price of Bitcoin, with targets ranging from $100,000 to $13 million. However, more modest forecasts also exist, with a minimum price of $52,000 in 2024 and a maximum price of $435,000 by 2030.
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