Hello friends, here an update of one of the scenarios i do expect from bitcoin for pre halving .
I marked next halving date and the previous one with vertical purple lines .
It took more that 500 days from last cycle bottom to get to the halving , if we consider the 16k as the cycle bottom which i do , again it takes like days to get to the halving which we passed some of it .
My expectations would be playing in some range untill we reach halving , the least price i can imagine before halving would be 21k and the red line ( we might see 21k but wont see below that ) .
And for the top I expect 40k s ( 40-42 ) which helps altcoins see some green days and be prepared for green cycle .
In my idea we enter halving day somewhere between 25k and 35k ( purple box ) , and after that till july 2025 I anticipate 250k to 300k price ( or more ) for the bitcoin price .
I marked next halving date and the previous one with vertical purple lines .
It took more that 500 days from last cycle bottom to get to the halving , if we consider the 16k as the cycle bottom which i do , again it takes like days to get to the halving which we passed some of it .
My expectations would be playing in some range untill we reach halving , the least price i can imagine before halving would be 21k and the red line ( we might see 21k but wont see below that ) .
And for the top I expect 40k s ( 40-42 ) which helps altcoins see some green days and be prepared for green cycle .
In my idea we enter halving day somewhere between 25k and 35k ( purple box ) , and after that till july 2025 I anticipate 250k to 300k price ( or more ) for the bitcoin price .