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will BTC go to 53000? #bitcoinhalving
will
BTC
go to 53000?
#bitcoinhalving
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#bitcoinhalving #BitcoinHalvingEvent 2days 8hours left, if the price will go higher, what is the lowest price should buy? After the Bitcoin halving event in 2024, various predictions suggest different outcomes for Bitcoin’s price. Here’s a summary of what some experts and analyses are forecasting: Short-Term Increase: CoinCodex predicts that Bitcoin’s price could see a slight increase in the month leading up to the halving event. One month after the halving, Bitcoin is forecasted to trade at approximately $74,600, which would be an 11.1% increase from its current price. Long-Term Rally: Following the minor retracement a month after the 2024 halving, there’s an expectation of a 14-month-long rally leading to a new all-time high at approximately $179,000 by August 2025. Market Patterns: While there’s no clear trend for Bitcoin’s price immediately after each halving, BTC has trended higher during each new halving cycle so far. Significant blockchain protocol events like Bitcoin halvings tend to have a considerable influence on the price of cryptocurrencies.
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