How much do you think Bitcoin will rise to in the next round of bull market?
I guess $170000. If bitcoin does not go up to $170000, I still believe that it would make all-time-high which would be in six digits. I mean at least, bitcoin will increase to over $100000.
Minimally and less positively, I think Bitcoin will be exchanged around $70,000 in 2024 with the halving in April next year. Usually it will take Bitcoin about 6 to 9 months after its halving day to break its past all time high and make a new all time high.
But did you know that from history, the next two years after halving is the all-time-high. Maybe or maybe not in this coming bull season, but bitcoin will increase above $70000, according to my analysis
.
It’s really tough to make accurate predictions because so many things can happen that affect price
But in long term guess, bullish predictions are always correct.