Bitcoin Halving Model Suggests $24,000 Bottom Before Year’s End – NewsBTC

Crypto analysts predicted that the price of Bitcoin would reach $100,000 by 2021.

Many technical analysis metrics suggest that it is more likely that the price will go down further than it will recover to the $40,000 to $45,000 range.

As per the projection, Bitcoin marked its highest of the last cycle by reaching $68,789 on November 10, 2021.

The AASI reading is currently similar to the readings it had in the past.

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.

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