#BTCPrediction predicting the future of Bitcoin is like trying to guess the weather with 100% certainty, it's speculative by nature! The crypto market moves very fast. But if we base ourselves on what we are seeing right now on the chart and think about the impact of recent events like the April halving (that moment when the reward for miners was cut in half), we can project some interesting possibilities.
Historically, we know that the months after a halving tend to be quite good for Bitcoin. It's as if the smaller amount of new Bitcoins entering the market meets a demand that, hopefully, continues to grow. This, in theory, pushes the price up. Many of the technical analysts I follow (and you should research as well) are watching a key breakout number: the recent all-time high. For us to see a strong continuation of this bullish party, or for Bitcoin to truly gain new parabolic momentum, we would need it to break strongly above that previous peak and stay there. If we achieve that, watch out! It could open the door to significantly higher price targets in 2025. Yes, you heard right, potentially much higher than where we are now, as long as the global economy supports it and adoption by major institutions continues its course.
But, a big BUT here! It is VITAL that we are prepared for the scares. Corrections are part of the game in Bitcoin. Don't think it will be a straight line up. We could see significant drops along the way. In fact, those drops are often opportunities for those who know how to take advantage of them, but they also involve a real risk of losing money.