$BTC
How High Can Bitcoin Get After Halving?
The BTCUSDT chart is looking very Bullish as it has failed to remain below $40k for long. This is a good sign that the price of the original cryptocurrency is ready to attain new heights!
Yes, you may have seen a lot of predictions of how high the Bitcoin price can get after the halving expected to take place on April 20, 2024.
Some of the predictions say that Bitcoin can attain a New ATH of $175k while others predicted above $200k for the token.
While we are optimistic about the coming events let me tell you 3 things to likely expect.
- The price of Bitcoin will likely still trade below the current ATH of $69,045.00 for some time (I predict 3 months) after halving before the surge will begin.
- Once the price surge begins, BTC will likely trade above $100k before the year runs out.
- When Bitcoin trades above $100k a lot of people will be trapped in the price as they will still hope to get higher prices! 😂... Greed Index!!! Note: the most profitable traders are those who believe they are not the best traders and take profits!
I'll leave you with this...
The current Bitcoin price of $43.4k is still a good price to take a long position and hold on! When it's time to bag profits, I'll be here to let you too!
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