Traders still anticipate BTC prices above $100,000, but a closer look at the BTC halving cycle chart suggests that a sharper downside move will occur first.
Bitcoin price predictions abound as traders focus on the next BTC halving cycle
The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving.
Bitcoin celebrates halfway to the halving with new hash rate record
Traders say BTC’s current price action aligns with the Bitcoin halving model, leading some analysts to expect a $24,000 bottom before the end of the year.
Bitcoin halving analysis hints at $24K bottom before the end of 2022
The popular prediction model has been remarkably accurate in the past when it comes to forecasting Bitcoin’s bearish and bullish cycles against its rising scarc...
Bitcoin bull market ‘2nd leg has started,’ says BTC price model creator
The upside outlook appears as ETH price eyes a breakout above its five-month-old resistance trendline.
This Ethereum price chart pattern suggests ETH can reach $6.5K in Q4
Bitcoin price increases will also be less dramatic moving forward, the report suggests.
Next Bitcoin price crash will be ‘shallower’ than 80%, says Pantera Capital CEO
The analogy appeared in anticipation that Bitcoin could post a 2017-like bull run, in which the price rose by more than 1,900%.
Bitcoin ‘heavy breakout’ fractal suggests BTC price can hit $250K–$350K in 2021