Bitcoin’s Next Halving Will Cause it to Surge to 550k
Bitcoin halvings have correlated with massive surges in Bitcoin's price.
The first halving, which occurred on Nov. 28, 2012, saw an increase from $12 to $1,207 on Nov. 28, 2013.
The second Bitcoin halving occurred on July 9, 2016. The price at that halving was $647, and by Dec. 15, 2017, a bitcoin's price had soared to $19,345.
The most recent halving occurred on May 11, 2020. On that date, a bitcoin's price was $8,821. On April 12, 2021, bitcoin's price soared to $63,558 a 651% increase from its pre-halving price.
The next Bitcoin Halving is going to be around March 25, 2024.
Bitcoin Halving and the massive price spikes. Every time Bitcoin has halved 6 months to a year later the price has surged considerably. We are talking 600% or higher! So what does this all mean well six months to a year after the next halving in May of 2024 so around Nov 2024 – May 2025 we should see another massive price spike. So let’s say Bitcoin at time of halving is 75k. 6 months to a year after the halving Bitcoin should each a price of around 375k -$550k.
All I can say is keep loading your bags because a few years from know you will be very happy!
Have a great morning!
The hopuim we want the price target we need!