Bitcoin Halving Could Send BTC to $240,000

Bitcoin halving could push the price of the cryptocurrency to $240,000

Noting that in the last halving cycle, bitcoin’s price went from the $20,000 high to the $69,000 high

It’s an appreciation of 250.86%. If a similar trend occurs, we’re looking at bitcoin around $240,000.

The bitcoin halving will occur when the number of blocks that are mined reaches 840,000 in April 2024.

The reward per block will decrease from 6.25 to 3.125 Bitcoin.

You go from that $20,000 high all the way up to the $69,000 high, that’s an appreciation of 250.86%.

Bitcoin Halving Could Send BTC to $240,000