Experts Expect BTC to Reach This Milestone Before the Halving Event

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The next Bitcoin halving is expected very soon, already in 2024. How will the upcoming Bitcoin halving affect the price of this popular cryptocurrency, and will Bitcoin ($BTC) indeed manage to achieve a new milestone before or after the halving event, is a common question among the crypto community these days.

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Since the Bitcoin ($BTC) was “born”, three halvings have occurred, so it is not entirely possible to predict how $BTC will behave before and after this event. However, crypto experts have shared their assumptions about the potential performance of $BTC, so let’s take a look at the Bitcoin price prediction and try to conclude whether now is a good time to invest in $BTC, or whether it is wiser to invest in one of its fantastic alternatives which is already predicted to achieve exceptional success: Bitcoin Minetrix ($BTCMTX). 

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How will the upcoming Bitcoin halving affect the price of Bitcoin ($BTC)?

So far, three Bitcoin halvings have happened – the first one in 2012, the second one in 2016, and the last one in 2020. So, Bitcoin halving happens every 4 years, which means that we can expect the next one very soon, already in 2024.

After the first halving, Bitcoin achieved a growth of 9.8%, and after the second one drop of 5.6%, while the last halving brought this crypto an increase in value of 12.8%. Since there were only 3 halvings, it is not such a simple task to predict what could happen after the next one.

What most crypto experts agree on is that there are good chances that Bitcoin will achieve solid growth in value after the halving in April 2024, but they are not sure that $BTC will manage to reach a new milestone before the halving event. Let’s see how high Bitcoin ($BTC) could go. 

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Bitcoin ($BTC) Price Prediction before and after the halving. 

The current value of Bitcoin ($BTC) is around $34,400, and predictions show that in the coming days and months, $BTC will potentially increase in value, primarily thanks to the upcoming halving. The fact is that after each of the previous halvings, Bitcoin developed quite well, so something similar is expected this time as well. So what exactly can we expect?

Before the halving happens, that is, by the end of the year, and during the first months of 2024, it is predicted that Bitcoin could achieve a slight increase in value. The maximum predicted value for Bitcoin for the end of the year, that is for December, is about $37,519.47, but it is also important to note that there is a chance that $BTC will end the year with a value of around $27,708.22.

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When it comes to the “post-halving period”, i.e., the period from April 2024, things look a little more favorable and then a slightly bigger growth in the value of Bitcoin is expected. In that period, that is, after the halving, Bitcoin could potentially reach a value of $37,607.95.

Predictions suggesting that $BTC could fall to around $27,700 at the end of the year are driving investors away from the “world’s most popular crypto” and bringing them closer to a fantastic Bitcoin alternative that offers much more. It’s Bitcoin Minetrix ($BTCMTX), a fantastic young crypto that is set for massive gains and a significant increase in value very quickly!

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Bitcoin Minetrix ($BTCMTX) seems like a much better option than the “original” Bitcoin ($BTC) at the moment!

Crypto investors are obviously aware that it is a much better option to invest in Bitcoin Minetrix ($BTCMTX) than in the “original Bitcoin”, and this can best be concluded from the fantastic success of the presale of this young stack-2-mine crypto.

Bitcoin Minetrix ($BTCMTX) is steadily moving through its presale, and every day gathers an increasing number of early investors who want to take advantage of the opportunity and invest in a coin that, according to respectable crypto investors, could potentially achieve 10x gains very quickly!

In addition to the great potential for increasing the price, Bitcoin Minetrix ($BTCMTX), combining the model of passive income with Bitcoin mining, undeniably brings a lot of other benefits to users, and the unique concept of this innovative project enables users to achieve long-term utility.

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There’s still a little time left to join the Bitcoin Minetrix ($BTCMTX) presale!

With almost $3 million raised in record time, Bitcoin Minetrix ($BTCMTX) managed to position itself as No.1 on the list of the best crypto presales this fall!

If you also want to join this hot presale, keep in mind that there is still very little time left! Right now, you have a chance to grab $BTCMTX for only $0.0113, so act fast and take advantage of this unique opportunity! Soon, not only the price increase of the $BTCMTX token is expected, but also the completion of the presale!

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Conclusion

The situation with the “original” Bitcoin ($BTC) is quite clear. The upcoming halving will certainly increase user’s interest in the world’s most popular crypto, but $BTC will not be able to reach any significant milestone before the halving event. For the realization of that scenario, we will still have to wait for April 2024, because a slightly more significant increase in the value of Bitcoin is predicted for the “post-halving period”. 

But in the meantime, it wouldn’t be a bad idea to refocus on a fantastic Bitcoin alternative: the young stake-2-mine coin, Bitcoin Minetrix ($BTCMTX). Bitcoin Minetrix ($BTCMTX) is not only set for huge gains but it can also be bought at a fantastic presale price, so don’t miss this great opportunity and invest today!

Source: https://www.analyticsinsight.net/bitcoin-price-prediction-experts-expect-btc-to-reach-this-milestone-before-the-halving-event/