Will the Bitcoin price rise to 100,000 dollars after the halving?
In recent weeks, the Bitcoin price has not seen as strong an increase as in January and February. Nevertheless, it was able to stabilize in a range close to the all-time high of 2021. Most recently, the Bitcoin price was even back above 69,000 dollars. Can the Bitcoin price rise above 100,000 dollars after the halving?
How has the Bitcoin price moved in recent weeks?
In recent weeks, the Bitcoin price has not been able to rise as strongly as in January and March. In mid-March, Bitcoin reached a new all-time high of over 73,000 dollars. This was followed by a crash, which brought the Bitcoin price back below 62,000 dollars.
In the weeks that followed, there was a slow recovery and the price briefly rose above 70,000 dollars. This was followed by another sharp crash to 65,000 dollars. In the last few days, however, the Bitcoin price stabilized again and slowly moved back towards 70,000 dollars.
Why can halving cause the price to explode?
In past Bitcoin cycles, the all-time high has never been reached before the Bitcoin halving. In the past, the Bitcoin Halving has repeatedly caused a supply shock. This supply shock always caused the Bitcoin price to rise sharply after a few weeks and explode after a few months.
This is the first cycle in which the strong demand from Bitcoin spot ETFs meets the falling supply of Bitcoins due to the halving. Therefore, it could happen very quickly this time and the Bitcoin price could quickly rise to the 100,000 dollar mark after the halving.
When will the Bitcoin price reach the 100,000 dollar mark?
The Bitcoin price could well reach new all-time highs in the coming weeks. After the halving, we could see a short-term crash that quickly turns into a bull run again.
As Bitcoin becomes increasingly scarce and FOMO on the asset increases, the Bitcoin price could rise extremely quickly and the 100,000 dollar mark could already fall in the next 3 months.
Will the Bitcoin price rise to 100,000 dollars after the halving?
In recent weeks, the Bitcoin price has not seen as strong an increase as in January and February. Nevertheless, it was able to stabilize in a range close to the all-time high of 2021. Most recently, the Bitcoin price was even back above 69,000 dollars. Can the Bitcoin price rise above 100,000 dollars after the halving?
How has the Bitcoin price moved in recent weeks?
In recent weeks, the Bitcoin price has not been able to rise as strongly as in January and March. In mid-March, Bitcoin reached a new all-time high of over 73,000 dollars. This was followed by a crash, which brought the Bitcoin price back below 62,000 dollars.
In the weeks that followed, there was a slow recovery and the price briefly rose above 70,000 dollars. This was followed by another sharp crash to 65,000 dollars. In the last few days, however, the Bitcoin price stabilized again and slowly moved back towards 70,000 dollars.
Why can halving cause the price to explode?
In past Bitcoin cycles, the all-time high has never been reached before the Bitcoin halving. In the past, the Bitcoin Halving has repeatedly caused a supply shock. This supply shock always caused the Bitcoin price to rise sharply after a few weeks and explode after a few months.
This is the first cycle in which the strong demand from Bitcoin spot ETFs meets the falling supply of Bitcoins due to the halving. Therefore, it could happen very quickly this time and the Bitcoin price could quickly rise to the 100,000 dollar mark after the halving.
When will the Bitcoin price reach the 100,000 dollar mark?
The Bitcoin price could well reach new all-time highs in the coming weeks. After the halving, we could see a short-term crash that quickly turns into a bull run again.
As Bitcoin becomes increasingly scarce and FOMO on the asset increases, the Bitcoin price could rise extremely quickly and the 100,000 dollar mark could already fall in the next 3 months.