Bitcoin's Price Could Hit $108,000 in Three Months

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Издатель Jun 30, 2024

I'm dedicating every paycheck for the next three months to Bitcoin, and here's why—it’s all about the numbers and historical patterns.

Bitcoin, like any asset, generally follows the law of diminishing returns, meaning as it grows, it's supposed to increase in value at a slower rate. However, things are different this cycle. Looking at past performance before each Bitcoin halving, we’ve seen jumps of 317%, 201%, and currently, 314%. This isn’t typical, and I believe the Bitcoin spot ETF is a game-changer, making this cycle break the norm.

From my analysis, Bitcoin might hit around $108,000 by September. While no one can predict the market with absolute certainty, understanding these patterns provides a clearer picture. And remember, regardless of the price prediction, Bitcoin's value trends upward after each halving. It’s not about emotional decisions; it’s about staying disciplined and sticking to what data shows.

So, here’s to staying patient, focused, and disciplined.