BitcoinThe countdown for the halving has begun. Investors waiting for a real and strong bull rally after the halving to experience various BTC The price is stuck between predictions.
While each analyst has a different prediction An updated assessment from analyst PlanB, known for the S2F model came.
At this point, Plan B announced its targets for 2024 and 2025, stating that, contrary to the general belief in the cryptocurrency community, this halving will not be different from previous events.
While Plan B insists that in this halving, Bitcoin price increases will again be at the rate of previous halvings. He said that the 2024 target is 100,000 dollars and the 2025 target is over 300,0000 dollars.
Plan B also shared its Bitcoin halving strategy with its followers. Accordingly, he told his followers that buying BTC six months before the halving and selling 18 months later was a good move to possibly make more gains in BTC.
“This Bitcoin halving will be no different from previous ones:
– All Bitcoin price increases will again be around the previous halving.
– Buying 6 months before the halving and selling 18 months after the halving will outperform “buy and hold”.
– BTC > 100 thousand dollars in 2024
– BTC highest > 300 thousand dollars in 2025”
The reason why the cryptocurrency community thought that this halving was different and that there would be a record rise after it was that the previous ATH was exceeded and the new ATH was reached before the halving. Because in previous cycles, Bitcoin often surpassed its all-time highs after the halving.
*This is not investment advice.
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