The price growth of Bitcoin is expected to come from the scarcity following the halving event in 2023 to $ 95497 in 2024.
Speculation towards Q1 of 2025 shows Bitcoin could trade at $140k- $150k bull market patterns.
Improvement of the regulations and the changes in Bitcoin ETF can influence the long-term price dynamics
Opinions and price fluctuations in the Bitcoin market are still interesting to investors and researchers. An analysis of the projection for the first quarter of the year 2024 and the first quarter of the year 2025 to give a critical year for this cryptocurrency. This work suggests significant future expansion for the market, which is important to players as this industry develops.
Towards the end of the first quarter of the year 2024, the price of the biggest crypto, Bitcoin, is anticipated to grow even more due to the following reasons. Looking into the past, the periods after halving became major phases of growth, and Bitcoin entered this stage in 2023.
The halving event simply slows down the process at which Bitcoin is produced making it scarce and as investors know, scarcity means high prices.In this they consider it as a chance that will allow Bitcoin to catch its breath and then shoot to the skies again.
Looking Ahead to Q1 2025
This again looks more promising in Q1 2025. By this time let alone Bitcoin reaches its six figures in price as per given estimates which range $140, 000-$150, 000. This forecast has been derived with the help of past halvings followed by bull moves which usually reach their bullish phase 12-18 months after the halving event.
https://twitter.com/thescalpingpro/status/1873272865493270733
In the areas shaded on the chart for the first quarter of 2025, such volatility continues to be viewed with an upward trend. Promising trends in this phase involves the continued evolution of the Bitcoin ETF, adoption of block chain technology and possible regulatory approval of the leading markets.
To the investors,such projections call for timely development of their corporate strategies. Thus, as far as the long term is concerned investors seem to be facing a bull market, although the road to the light is neither going to be straight.
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