Will there be a sharp drop before and after this halving (guess a 40% retracement would be considered a sharp drop?). In fact, simple on-site speculation may not be enough to produce such a large amplitude, while external black swan events are something you can only encounter by chance.
JinseFinanceAt Bitcoin block height #837188, with 20 days left until the fourth halving, Bitcoin has hit the $70,000 mark on this station. A subtle shift in market sentiment has occurred. Faced with the upcoming…
Tide CaptialWe are 24 days away from the Bitcoin halving, a key event and catalyst for Bitcoin in past cycles that has tended to send it to all-time highs.
JinseFinanceTaking 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.
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 BoThe event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.
CoindeskThe 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.
CoindeskTraders 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.
CointelegraphThe $50,000 resistance level seems to be the line in the sand that separates certainty from doubt that Bitcoin has cast off the four-year cycle trend, according to Santiment.
Cointelegraph