๐ Matrixport predicts that if historical patterns repeat, Bitcoin's price could reach $125,000 by the end of 2024, citing past halving cycles where BTC saw significant price increases. These cycles include a 186% rise in 2012, a 126% rise in 2016, and around 300% in 2020. The report suggests that miners tend to accumulate BTC before halving events, leading to increased scarcity and potential price growth. This forecast aligns closely with Standard Chartered's projection. ๐๐ฐ #BitcoinPriceForecast
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