Based on previous Bitcoin halving cycles, the king crypto (BTC) has surged by an average of 3,158% in the one year after each halving event. By removing the 2012 anomaly, the average increase is 412.5%.
Using the extrapolation from January 2017 to an extrapolated May 2024 projected Bitcoin price of $108,000 and incorporating a 1-year price increase of 413% between May 2024 and May 2025, BTC could hit $446,000.
Incorporating the estimated 413% increase between May 2028 and May 2029, BTC would be on target to hit $2.08 million by May 2029, giving BTC a January 2030 value of $2.11 million.
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3ztYrm0
✔ The Merge: Ethereum’s Chance to Take Over BTC: https://bit.ly/3S29gD6
✔ Analyst Predicts Bullish Momentum for Crypto: https://bit.ly/3zwpwF5
✔ Hawkishly Bullish Bitcoin Price Predictions: https://yhoo.it/3zFVJKp
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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