Taking into account the historical performance patterns before and after the Bitcoin halving and the current better environment, the price of Bitcoin is expected to hit US$60,000 before the halving in 2024, with the full-year range fluctuating between US$32,000 and US$85,000.
JinseFinanceThe current price trend is just the beginning of a long-term bull market, and the upward trend in prices will need to go further to push supply and demand dynamics into balance.
JinseFinanceJPMorgan anticipates Bitcoin's rally before the halving, noting its current surge and limited upside potential. They highlight the flow of Bitcoin and upcoming catalysts while expressing concerns about Tether and potential regulatory oversight.
Huang BoAnthony Scaramucci predicts Bitcoin could surge to $170,000 post-halving, citing historical cycles and a 'conservative' estimate. Embracing Bitcoin's potential, industry leaders like Scaramucci and BlackRock's Larry Fink anticipate a transformative future, with the April 2024 halving event playing a crucial role.
JoyThe event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.
CoindeskBitcoin has gone through a halving event three times in its history – in November 2012, July 2016, and May 2020.
FinboldThe last Bitcoin halving took place on May 11, 2020, and the next bitcoin halving will likely occur in 2024.
CoindeskBitcoin’s hashrate is reaching all-time highs, and it’s causing confusion about “the halvening” on Twitter.
CoindeskHash rate on the bitcoin network has hit a new all-time high of 281.79 million TH/s, and its next halving dates is projected to be as early as Q4 2023.
BeincryptoThe 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.
Cointelegraph