One of the most famous predictions regarding Bitcoin‘s price was that it would reach $100,000 after the last halving, namely that of 2020.
This prediction, made famous especially by PlanB’s Stock-to-Flow chart, turned out to be wrong, because it was based on the fact that this figure would be reached as early as 2021, which was during the bull run following the 2020 halving.
However, for some time now there have been those who believe that after the next halving, which will take place around April next year, the $100,000 mark could actually be exceeded, and these are now joined by some who believe that a similar scenario could occur even before April 2024.
The new forecasting for Bitcoin
This particularly bullish prediction was made by Adam Back, namely the co-founder and CEO of Blockstream.
Blockstream is probably the single most important company in the world among those working on Bitcoin.
It is a company that works on developing software based on the Bitcoin protocol
We współpracy z: https://en.cryptonomist.ch/2023/08/07/bitcoin-forecasting-100000-before-halving/