$160K at next halving? Model counts down to new Bitcoin all-time high

$160K at next halving? Model counts down to new Bitcoin all-time high


A bold prediction states that BTC price can gain 500% between now and April 2024.

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Bitcoin (BTC) price action may lack momentum this month, but one popular analyst is still eyeing new all-time highs.

In his latest analysis, TechDev confirmed that he believes BTC/USD will see a “parabolic top” around the 2024 block subsidy halving.

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Can Bitcoin p gain 500% in a year?

Less than twelve months away, Bitcoin’s next halving is already the topic of debate among market participants.

Some argue that the event will lay the foundations for the next all-time high, in line with previous halving cycles.

For TechDev, however, the new BTC price record should come sooner rather later — specifically, in Q2 next year.

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