Taking into account the historical performance patterns before and after the Bitcoin halving and the current better environment, the price of Bitcoin is expected to hit US$60,000 before the halving in 2024, with the full-year range fluctuating between US$32,000 and US$85,000.
JinseFinanceHistorically, Bitcoin has fallen in the weeks leading up to the halving, and the trend is likely to be repeated over the next week.
JinseFinanceAEZ QF's funding focuses on long-term support for the construction of early public goods and appchains in the Cosmos ecosystem, and works with developers to build a more robust and growing ecosystem.
JinseFinanceJPMorgan anticipates Bitcoin's rally before the halving, noting its current surge and limited upside potential. They highlight the flow of Bitcoin and upcoming catalysts while expressing concerns about Tether and potential regulatory oversight.
Huang BoThe event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.
CoindeskBitcoin has gone through a halving event three times in its history – in November 2012, July 2016, and May 2020.
FinboldThe last Bitcoin halving took place on May 11, 2020, and the next bitcoin halving will likely occur in 2024.
CoindeskBitcoin’s hashrate is reaching all-time highs, and it’s causing confusion about “the halvening” on Twitter.
CoindeskXMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern.
CointelegraphThe Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving.
Cointelegraph