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Bitcoin price can hit $120,000 after April halving, analysts say

  • Writer: A.R.T Digital Team
    A.R.T Digital Team
  • Jan 25, 2024
  • 1 min read

Updated: Jan 30, 2024


bitcoin

An upcoming supply shock for bitcoin could propel six-figure highs based on the current price trajectory and history of the asset.


The bitcoin network is set for a reward halving in less than three months. In the past, this periodic event has catalyzed significant bitcoin price surges and analysts are projecting that the upcoming supply shock can drive bitcoin as high as $120,000.


Source - The StreetCrypto

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