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Cointelegraph - Crypto analysts see Bitcoin potentially mirroring a 2016 price pattern, with one predicting a big drop and another a rise to $350,000 by early 2025

blockchainhorror - 2024-05-12 11:09:21

https://cointelegraph.com/news/bitcoin-price-chart-post-halving-crypto-traders
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Some crypto analysts believe Bitcoin is following the same pattern as after the 2016 halving event.


One analyst predicts a short-term price dip followed by a potential surge to $350,000.


Another analyst, using a different indicator, suggests the price may be near its bottom and could rise significantly by early 2025.


What do you think?


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