before the last halving, Bitcoin's price was around $60,000. After the halving, it naturally needed to double to make mining worthwhile, bringing the expected price to around $120,000. Beyond that, there's no guarantee. It could go higher or lower, but it's likely to average around $120,000 until the next halving.

#bitcoin

Reply to this note

Please Login to reply.

Discussion

I'm sure you checked history and this reasoning holds for previous halvings as well ?

maybe it’s not an exact rule, but as numbers get bigger, it tends to hold true just like in statistics.