Bitcoin might take 18 months to hit $40K level if this happens BTC Crypto
account"Root" indicates that the price at the halving is at a historically fair value. According to the analysis, if the fair value does not decrease significantly, Bitcoin might reach about $40K in 18 months. Another important element to consider in this scenario is the current macroeconomic environment.
, considered previous cycles to determine where BTC might eventually bottom. Crypto analyst Will Clemente previously posted a graphic comparing the distance between the all-time highs for Bitcoin and the ensuing macro lows. In both 2014 and 2018, Bitcoin established a macro bottom after its previous new all-time high in a predetermined time frame.
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