Bitcoin price could reach $180k during next halving cycle

roseberry

New member
Crypto analyst filbfilb has unveiled his long term target for bitcoin's current cycle, stating that his target for the top cryptocurrency is now $180,000.
He points to Bitcoin's halvig, which is now about a year away, as the key catalyst
Filbfilb also points to fundamental advancements i the space that he believes will act as support for the next big bull run
 

Shaf

Verified member
It's noteworthy to put into consideration that the returns for Bitcoin after each halving decrease gradually, so it may be too much to expect almost a 3x with the current market cap and price at the bottom of the bear market. I do think $100k, more or less should be when to look to sell.

Aside the price, there are indicators that show that price is ready to pull back, especially with lagging indicators like RSI moving averages and more on the daily and monthly timeframe.

It's also time to know that the top is in when people start calling for unrealistic targets, like $200k or $500k for Bitcoin.
 
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