Post
Topic
Board Speculation
Re: How much ,as you think ,is 1 bitcoin in 2025?
by
Fara Chan
on 24/09/2023, 01:31:14 UTC
Price prediction of bitcoin is really tough. Even the experts weren't able to come with perfect prediction based on the changing market. Over every halving there used to be big rise in the price of bitcoin. During the 2016 halving there is no big expectation and surprising move happened and price peaked above $20k. From that point people started to expect big on the next halving, and the same is being now the reason for a big price expectation for the upcoming 2024 halving which could drive the price movement till 2025 or even after that.
The reason this expectation is on many people's minds now is something that I think is very natural because everyone has probably seen how Bitcoin made its highest price after the halving occurred and it was very clear that it happened in the previous halving. So in the upcoming halving, this could also be the case, although the price could be different because currently Bitcoin is still below $30K due to the sidway level that is still occurring this month. And in the next month something like now is still very likely to happen again.