Bitcoin Tipped To Attain Six-Figure Value Following Fourth Halving – Details

Bitcoin Tipped To Attain Six-Figure Value Following Fourth Halving – Details
With the Bitcoin halving event now completed, analysts and market experts turn their attention to a much-anticipated bull run based on historical trends in the BTC market. In particular, a crypto analyst with the X handle ecoinometrics has tipped the maiden cryptocurrency to at least achieve a six-figure in the current bull cycle. Related Reading: Battle For The Halving Block: Bitcoin Users Spend Record $2.4 Million On Block 840,000 How High Can Bitcoin Rise Post Halving?  In an X post on Saturday, econometrics shared a strong bullish prediction of Bitcoin price following the fourth halving event on April 19. The crypto analyst stated that if  BTC produced a similar growth pattern seen in previous bull cycles, its market price would likely range between $140,000 – $4,500,000.  For context, the bull run, which forms the latter part of the Bitcoin bull cycle, occurs in the months following the halving event, according to BTC’s price history. During this period, the market leader is known to record massive price gains, as seen after previous halvings in 2012 (7,592.30%), 2016 (1,818.8%), and 2020. Price range for Bitcoin in the 4th halv ..

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