Bitcoin price all-time high will precede 2024 halving — New prediction
BTC price all-time highs await Bitcoin hodlers before April 2024, says BitQuant — but what happens after will be even bigger. Bitcoin (BTC) has a $250,000 target for after its next block subsidy halving — but new all -time highs will come sooner. That is the latest BTC price prediction from BitQuant, the popular social media commentator who sees a rosy future for the largest cryptocurrency. BitQuant: Pre-halving all-time high will not be BTC price top In his latest post on X (formerly Twitter) on Sep. 15, the pseudonymous “central banker and Bitcoiner” revealed a pre- halving target above $69,000. “No, Bitcoin is not going to top before the halving,” he wrote in part of commentary. “Yes, it's going to reach a new all-time high before the halving.” Bitcoin has just over six months before the halving, the event which cuts miner rewards earned per block by 50% every four years. Analysts argue that the resulting emission restrictions have a cathartic impact on BTC price performance...