Bitcoin’s Post-Halving Surge: Analyst Predicts

Bitcoin’s Price Decline

Bitcoin recently dropped 3.06%, reaching $60,372.36. However, analysts remain optimistic about its future.

Bullish Predictions

Titan of Crypto, a trading analyst, believes Bitcoin will rally after the halving. They noted a bullish engulfing candle pattern, indicating a potential trend reversal.

Post-Halving Rally

Titan of Crypto predicts a significant price increase after the halving, citing historical data. They believe Bitcoin has always rallied after halvings.

Price Target

Based on previous rallies, Titan of Crypto predicts Bitcoin could reach $150,000 by 2025.

Bottom Price Nearing

Santiment, a blockchain analytics website, also predicts that Bitcoin is nearing its bottom price. They observe a decline in dip-buying activity, suggesting investors are waiting for a better entry point.

Current Price and Volume

As of writing, Bitcoin trades around $60,968, with a weekly loss of 3.26%. Despite the decline, its daily trading volume remains positive at $27.88 billion.