Analysts Predict Bitcoin Bull Run Post-Halving
Experts at research firm Bernstein anticipate that bitcoin will resume its upward trend after the halving, maintaining their price target of $150,000 by the end of 2025.
- Bullish trajectory expected to continue post-halving
- Minersโ hash rates adjustment crucial
- ETF inflows expected to pick up
- Integration of spot bitcoin ETFs with wirehouses to drive demand
The Impact of Bitcoin Halvings on Price
Historically, bitcoin halving events have been linked to significant price fluctuations in the cryptocurrency market, often preceding substantial bull runs.
- Halving alone does not guarantee price appreciation
- New demand catalysts crucial for price rise
- New supply reductions post-halving synchronized with demand catalysts
- Spot bitcoin ETF approvals driving current demand
The Impact on Bitcoin Miners
Despite negative headlines on miner revenue impact, some miners still at all-time highs in terms of U.S. dollar revenue, bolstered by a solid balance sheet pre-halving.
- 7% of network hash rate expected to shut down post-halving
- Strong price action following ETF launch boosting miner revenues
- Miners now earning 8-10% of revenues from transaction fees
- Top public miners could outperform bitcoin post-halving
Bitcoinโs Halving Countdown
Bitcoinโs next halving event is only a few days away, set to reduce the subsidy reward for miners from 6.25 BTC to 3.125 BTC per block.
- Halving event programmed every 210,000 blocks
- Miners receive 50% fewer bitcoins as subsidy reward post-halving
- Next halving event scheduled for April 20
- Transaction fee rewards continue post-halving
Hot Take: Bitcoin Price Rally Expected Post-Halving
Bitcoin analysts predict a bullish rally for the cryptocurrency following the upcoming halving event. Demand catalysts, integration of spot bitcoin ETFs with wirehouses, and new supply reductions post-halving are expected to drive bitcoinโs price to $150,000 by the end of 2025.
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