Learn more

Bitcoin’s post-halving price action projects a “six-figure value” per BTC as a popular technical indicator presents a bullish pattern for the world’s largest cryptocurrency. Based on previous price action, Bitcoin’s (BTC) recent drop below $50,000 saw it trade under its “post-halving growth trajectory range,” according to crypto data provider Ecoinometrics. “If it returns to this range before year-end, we’re looking at a high likelihood of a six-figure value for one BTC,” they declared, setting ambitious targets for Bitcoin price. “Well, assuming the same growth rate as the past three cycles, …

cuu