At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving due in mid-2020 or in 644 days will see the block reward reduce from 12.5 BTC to 6.25 BTC, while Whats On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.
These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.
There will not be $10 millions BTC anytime in 2023. Unless USD totally lose value. Also I am wonder if they mention halving, why they bother with 2023. Halving will be on 2024. And drastic prices increases come with a delay of halving. So if they would expect $10 millions BTC at 2025, could at least have a tiny bit of sense.