Analyst Predicts A $170,000 Bitcoin Price If This Happens

Alvin Hemedez, ReadWriteWeb
Fri, 10/18/2024 - 12:28pm

Bitcoin bulls are back in charge, with some analysts predicting a surge to $170,000 by the first quarter of 2025, potentially even sooner. As Bitcoin enters another halving cycle, historical data suggests this could trigger significant price movements in the coming months. Back in 2020 and 2016, similar cycles saw Bitcoin experience gains of 20%, 30%, and 40% in October, November, and December respectively.

Topics: as bitcoin october november december adding donald trump u.s trump s sec chair gary gensler bitcoin s big breaking analyst price cycle

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Analyst Predicts A $170,000 Bitcoin Price If This Happens

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