Bitcoin Halving Cycle Predicts Range From $140K to $4.5 Million: Key Figures to Monitor

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The recent price surge of Bitcoin above $100,000 has strengthened its position on the expected growth trajectory after the halving. This move has sparked discussions about the cyclical patterns of digital assets after each halving event, as historical data shows a trend of price increase in the following months. BTC Maintains Growth Path Amid Market Volatility Bitcoin's recent record of $100,000 puts it on the lower end of expected growth, but still on track with expectations after the halving event. The halving event, which occurs every four years, reduces the reward for mining new Bitcoin blocks, effectively reducing the supply. This event in history often accompanies major price increases as the supply tightens relative to the demand for maintenance or growth. The chart created by Ecoinometrics illustrates Bitcoin's growth trajectory after the fourth halving, and when compared to previous halving cycles, the trajectory after the fourth halving starts at $63,000.

The chart demonstrates that Bitcoin's growth is following the historical patterns of its post-halving models. The orange line marks the trajectory of the first halving, the yellow line represents the second halving, and the red line tracks the third halving. Bitcoin's current performance is within the expected range, aligning with previous post-halving growth trajectories. Bitcoin's Halving cycle predicts a price range from $140,000 to $4.5 million. Bitcoin is currently at the bottom of the current growth range, but still fits the average growth trajectory observed in previous cycles. The shaded blue area represents the potential growth rate range, indicating values from $140,000 to $4.5 million per Bitcoin throughout this halving cycle. The orbit of the current cycle reflects a consolidation phase, showing that Bitcoin has returned to the growth path after halving. This return comes after a period of deviation, during which Bitcoin temporarily moved below the lower boundary of the expected range. Data confirms that the value of Bitcoin has recovered and is consistent with historical growth patterns. According to the chart, the long-term forecast shows that if the average growth trajectory is maintained, the value of Bitcoin could reach a significant level in the current cycle. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)

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Legionvip
· 2024-12-06 12:32
$4.5 million for one bitcoin... Have you gone crazy?! What should the market capitalization be then?! In that case, it will surpass the value of all companies (Apple, Microsoft, Tesla... all of them)
Thinking logically, companies have assets, papers (whether significant or not). Bitcoin, on the other hand, is just a number and people. Maybe I'm wrong, mistaken, but I don't believe in $4.5 million.
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