I'm interested in understanding the future outlook or prediction for Plan B's Bitcoin. I want to know what experts or analysts are saying about its potential growth or decline.
My projections for the year 2024 remain consistent with what I outlined on October 6, 2022, when the price of Bitcoin was $20,000. I anticipate a steady rise leading into the halving event in April 2021.
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CharmedSunMon Dec 23 2024
The halving, which occurs roughly every four years, is a significant event in the Bitcoin network as it cuts the reward for miners by half. This time, I predict the halving will occur around the S2F model value of $55,000, with a potential range of $30,000 to $100,001.
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SkyWalkerEchoMon Dec 23 2024
Immediately after the halving, I foresee a significant pump in the price of Bitcoin. This surge is often driven by reduced supply and increased demand, as miners sell less Bitcoin to cover their operational costs.
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NicolaMon Dec 23 2024
By the end of 2024, I am confident that Bitcoin will hit the $100,000 mark. This prediction is based on various factors, including market sentiment, adoption rates, and institutional investment.
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isabella_cole_psychologistSun Dec 22 2024
Looking further into the future, the S2F model projects an average target value of $532,000 for Bitcoin, with a potential range of $250,000 to $1 million. This long-term outlook is encouraging for investors and enthusiasts alike.