Among the factors that influence the cryptocurrency market, the approval of a spot ETF and the upcoming halving were considered key. And if the first event has already occurred, then the second is approaching approximately 80 days before it. Web3 company Bitget conducted a comprehensive study on the Bitcoin halving expected in April 2024 and the impact of this event on investment
What will happen to the main cryptocurrency after halving? The Bitget study included a large sample of participants, a total of 9,748 people from various regions of the world. Currently, survey results show that the decrease
What will happen to the main cryptocurrency after halving? The Bitget study included a large sample of participants, a total of 9,748 people from various regions of the world. Currently, survey results show that halving the reward for Bitcoin mined is seen as an important factor in reaching all-time highs in price, indicating investor confidence in this long-awaited event. 84% of respondents predict that the next bull market will see the price of BTC exceed the previous bull market's all-time high of $69,000. More than half of respondents worldwide expect Bitcoin prices to range between $30,000 and $60,000 at the time of the halving (around April 2024 year), and 30% believe that the price will exceed $60,000. Regarding forecasts of high prices for next bull market, majority, 55% surveyed predict that the price of Bitcoin will be in the range from $50,000 to $100,000, while while a small part expects the price will exceed $150,000.
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