Crypto investors are closely following Bitcoin, which is struggling to exceed $70,000 despite the recent halving. This context creates buying opportunities, while analysts maintain their optimistic bullish forecasts.

“Historical data suggests that Bitcoin typically hits its new all-time high (ATH) several months after the halving. Therefore, we expect that the market peak could occur around the fourth quarter of 2024.”

Many analysts confirm a price target of “at least $120,000” for this cycle and deem higher predictions slightly overestimated. 

To be continued... source Bitfinex $$BTC