Bitcoin, still the consensus leader of the pack for the entire crypto market, had an average price of $17,000 in December 2022. Bitcoin modest upward bias is not in a sustained pattern. The price, which is close to its one-month high of about $17,980, has given rise to speculations that BTC may be headed back up to $19,000 price levels.
Halving refers to the process at which the block reward given for Bitcoin miners are cut in half every after 210,000 blocks (roughly every four years). With the trend, according to Coinpedia it is projected that by March 23, 2024, a single unit of BTC will have a value of $120,263 and bitcoin price prediction for 2023 as bullish to reach $23,218.00.
How do you see this prediction? Will Halving event already have impact on Bitcoin prices.
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