Dinar Detectives - Iraqi Dinar Recaps from Dinar Guru and Intel
  • Home
  • News
  • Dinar Guru
    • Judy Byington
    • MarkZ
    • Ninja
    • TNT
    • FRANK26
    • Bruce
    • KTFA
    • Mnt Goat
    • Pimpy
    • Militia Man
    • Nader
  • Video
  • Audio
  • Contact
No Result
View All Result
Dinar Detectives - Iraqi Dinar Recaps from Dinar Guru and Intel
  • Home
  • News
  • Dinar Guru
    • Judy Byington
    • MarkZ
    • Ninja
    • TNT
    • FRANK26
    • Bruce
    • KTFA
    • Mnt Goat
    • Pimpy
    • Militia Man
    • Nader
  • Video
  • Audio
  • Contact
No Result
View All Result
Dinar Detectives - Iraqi Dinar Recaps from Dinar Guru and Intel
No Result
View All Result
  • Home
  • News
  • Dinar Guru
  • Video
  • Audio
  • Contact
Home Cryptocurrency

Bitcoin (BTC) Should Hit $135,000 After Halving, Says Pantera Capital

August 24, 2023
in Cryptocurrency
Share on FacebookShare on Twitter

A blockchain investment firm, has made a bold prediction about Bitcoin‘s future price. According to Pantera, the next Bitcoin halving is expected to occur on April 20, 2024. If history repeats itself, Bitcoin could rise to $35,000 before the halving and soar to $148,000 afterward. This prediction comes amid a favorable backdrop, including the ruling and endorsements from financial giants like BlackRock (NYSE:BLK).

 

Bitcoin’s price performance: Year in review

Over the past year, Bitcoin has experienced significant volatility. According to data, the cryptocurrency saw its price fluctuate between $16,344 and $30,468. Most recently, as of Aug. 7, 2023, Bitcoin was trading around $29,044. The asset has seen both highs and lows, with a notable dip in November 2022 when it touched $16,344. However, it managed to recover, hitting $30,466 in April 2023.

Halving effect

Bitcoin halvings, which occur approximately every four years, have historically been bullish events for the cryptocurrency. The halving reduces the reward for mining new blocks, effectively cutting the rate at which new Bitcoins are created and released into circulation. This scarcity effect often leads to a surge in price.

The recent ruling in favor of , where it was marked as a nonsecurity, has also buoyed the crypto market. Endorsements from institutional investors like BlackRock further provide a strong setup for a new bull market in digital assets.

While Pantera’s prediction is optimistic, it is essential to approach it with caution. The crypto market is highly volatile and influenced by a myriad of factors, including regulatory developments and macroeconomic conditions. Moreover, past performance is not indicative of future results.

This article was originally published on U.Today

Tags: $135,000afterbitcoinbtccapital.cryptocurrencyhalving?hitpanterasaysshould
Previous Post

Judy Byington

Next Post

Crypto Price Rise Probability Soars, per Santiment, Here’s Why

Related Posts

Frank26  

Frank26   

November 28, 2024
FRANK26 LIVE

FRANK26 LIVE

November 27, 2024
Frank26   

Frank26   

November 27, 2024
KTFA & Clare 09-11-2024

Frank26  

November 27, 2024
Frank26   

Frank26  [Post 2 of 2]

November 26, 2024
Frank26   

Frank26  [Post 1 of 2]

November 26, 2024

At Dinar Detectives, we provide daily dinar updates and dinar recaps, featuring insights from popular dinar gurus. Stay informed with our comprehensive coverage of the latest dinar chronicles and gain valuable insights from dinar guru opinions.

Links

  • Home
  • News
  • Video
  • Audio

Useful

  • Privacy Policy
  • Disclaimer
  • Resources

Investment Indicator
Dinar Tube
Crypto Recaps

  • Privacy Policy
  • Disclaimer
  • Resources

© Dinar Detectives. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Dinar Guru
    • Judy Byington
    • MarkZ
    • Ninja
    • TNT
    • FRANK26
    • Bruce
    • KTFA
    • Mnt Goat
    • Pimpy
    • Militia Man
    • Nader
  • Video
  • Audio
  • Contact

© Dinar Detectives. All Rights Reserved