I honestly don't think that bitcoin will reach $100,000 before halving, though I am not saying it's completely impossible, but it's hard, and if this does happen before the halving takes place, I honestly do not have any plan currently, which also means that, I will be holding still
Smilevictorobinna it's too early to start making such assumptions and predictions towards the next Bitcoin having, because Bitcoin has been in a potential state of increasing more than $100k. When the bull run starts I believe Bitcoin will get to $100k.
On the other hand if you are talking about the already existing Bitcoin Halving then you need to know that we are already at the Bitcoin halving which took place on the 19th of April, and we are currently in the price correction which seems to be in a sideways trend. Once Bitcoin break through the resistance point which happens to be the ATH, we will definitely be experiencing a bullish trend. I believe Bitcoin will get to $100k at towards the ending part of this year or at the first half of next year.
I don't know, but several cycles have proven that BTC price movements are unpredictable. But reaching $100K is possible. But when, you will never know. So far the decline in the price of BTC is still reasonable. This is similar to 2018 after the halving. This year is also similar, but there are slight differences due to poor macro-financial conditions. I still believe that BTC still has confidence and is capable of returning to ATH.
Bitcoin can get to 100k this year is possible I just did some search about the history of Bitcoin halving and I believe Is possible but still no body can tell it may reach or may not.
Bitcoin Halving Dates History 2012 HalvingThe 2012 block halving was the first halving and happened on November 28th, 2012. The halving block was mined by SlushPool by someone using a Radeon HD 5800 miner.
New BTC Per Block Before: 50 BTC per block
New BTC Per Block After: 25 BTC per block
Price on Halving Day: $12.35
Price 150 Days Later: $127.00
2016 HalvingThe second halving occurred on July 9th, 2016.
New BTC Per Block Before: 25 BTC per block
New BTC Per Block After: 12.5 BTC per block
Price on Halving Day: $650.63
Price 150 Days Later: $758.81
2020 HalvingThe third halving occurred on May 11, 2020.
New BTC Per Block Before: 12.5 BTC per block
New BTC Per Block After: 6.25 BTC per block
Price on Halving Day: $8821.42
Price 150 Days Later: $10,943.00
Current Bitcoin Block Subsidy
The current Bitcoin block subsidy is 6.25 bitcoins per block. When block 840,000 is hit in 2024, the subsidy will drop to 3.125 bitcoins (BTC) per block.