Assuming similar patterns repeat post-2024 halving, #BTC chart extrapolates historical trends to project a potential future top of 213K+-
- Bitcoin’s price tends to rise significantly after each halving due to reduced supply. - Each cycle has shown increasing price tops, though the percentage gains decrease over time.
2012 Halving: The first halving we saw #Bitcoin rally to a peak of $1,100+- in Nov 2013.
2016 Halving: The 2nd halving, #BTC reached a top of 19K+- in Dec 2017.
2020 Halving: The 3rd halving led to a rally to a peak of 69K+- in Nov 2021.
Projected Peak (Post-2024 Halving): A potential peak of approximately 213K+-
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.