BTC Price in October 2024: Analytical Expectation.
First Halving (November 28, 2012)
- Price before halving: $12
- Price after 6 months (May 28, 2013): $130
- Increase: 1083.33% (from $12 to $130)
*Second Halving (July 9, 2016)*
- Price before halving: $660
- Price after 6 months: $900
- Increase: 36.36% (from $660 to $900)
*Third Halving (May 11, 2020)*
- Price before halving: $8,600
- Price after 6 months: $15,700
- Increase: 82.56% (from $8,600 to $15,700)
*Fourth Halving (April 19, 2024)*
- Price before halving: $64,262
- Expected price after 6 months (October 2024): ?
Based on the historical trend, we can estimate the price increase after the fourth halving. Let's assume a conservative increase of 50% (lower than the previous halvings) due to the current market conditions and increased adoption.
- Expected price after 6 months (October 2024): $96,393 (50% increase from $64,262)
Keep in mind that this is a rough estimate and not a precise prediction. The cryptocurrency market is highly volatile, and many factors can influence the price. The expected bull season and altcoin growth may also impact the price, potentially leading to a higher increase than estimated.
Remember, this is not financial advice, and it's essential to do your own research and consult with a financial expert before making investment decisions.
