Here's a $148K forecast for Bitcoin – Halving set up

<p>A forecast for a much higher BTC price from 'Panetra Capital'.</p><ul><li>"Bitcoin has historically bottomed 477 days prior to the halving, climbed leading into it, and then exploded to the upside afterwards,"</li><li>"The post-halving rallies have averaged 480 days – from the halving to the peak of that next bull cycle."</li><li>Thus BTC should have bottomed in December 2022.
</li></ul><p>
Halving happens every four years for bitcoin</p><ul><li>its when crypto miners' reward is cut in half to create a scarcity effect</li><li>April 2024 is the next expected halving date</li></ul><p>And thus:</p><ul><li> "If historyy were to repeat itself," the researchers said, "the next halving would see bitcoin rising to $35k before the halving and $148k after."</li></ul><p>I'm not fully on board with this ;-)</p><p>Still, I wish 'em luck. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.