Is it worth waiting until October?
After the halving in April 2024, Bitcoin ($BTC ) has shown signs of appreciation, currently trading around $96,290. Historically, halvings — events that halve the rewards for miners — have preceded bullish cycles in the price of BTC.
Analysts project that, in the next 12 to 18 months, the price of Bitcoin could reach between $95,000 and $160,000, driven by factors such as increasing institutional adoption, the approval of Bitcoin ETFs in the U.S., and favorable government policies.
12 to 18 months after the halving would be from April to October.
Additionally, the increase in liquidity in the crypto market, evidenced by the record of $169 billion in stablecoins, suggests a favorable scenario for new highs in the price of BTC.
Although the impact of halvings may be becoming less explosive with the market's maturation, the combination of programmed scarcity and growing demand continues to support optimistic long-term outlooks.
