As the Bitcoin community anticipates the next halving event, the question on many investors’ minds is whether this is the opportune moment to invest in Bitcoin. Historically, the period leading up to Bitcoin’s halving has been profitable, with analysts predicting even more significant gains post-halving, potentially reaching between $130,000 and $180,000 by the end of 2025.
Bitcoin halvings, occurring every four years, have traditionally signaled the start of a bull market, leading to record highs. According to Vetle Lunde of K33 Research, while the market may initially slow post-halving, history suggests that investing around this time could yield substantial returns, especially 150-400 days after the event.
Recently, Bitcoin surpassed the $60,000 mark, a significant milestone ahead of the upcoming halving, showcasing a 30% increase in value over the past week. This halving will reduce the rate at which new Bitcoins are generated, a process that will continue until the maximum supply of 21 million Bitcoins is reached by 2140.
Investor sentiment tends to surge in the pre-halving period, according to Bryan Legend of Hectic Labs, making it a potentially lucrative time for Bitcoin holders. This sentiment is bolstered by the influx of investments into Bitcoin ETFs, which have significantly contributed to the currency’s rally.
The introduction of 10 new spot Bitcoin ETFs in the United States has played a crucial role, with Bitcoin accounting for 94% of the inflows, indicating a strong preference for the cryptocurrency among investors.
Despite the immediate post-halving period typically experiencing a consolidation phase, experts like Lunde believe that any corrections will be short-lived, with Bitcoin likely to resume its upward trajectory to new all-time highs. Predictions for Bitcoin’s price by the end of 2024 range from $80,000 to $85,000 in more conservative estimates, to as high as $120,000 to $130,000 in more optimistic scenarios, depending on macroeconomic factors.
The 2025 outlook is even more bullish, with potential peaks reaching up to $200,000, contingent upon the global financial landscape. This suggests that, for those with a long-term investment horizon, the Bitcoin halving presents a compelling opportunity to enter the market.
Source : Is the Bitcoin halving the right time to invest in BTC?
https://cointelegraph.com/news/is-the-bitcoin-halving-the-right-time-to-invest-in-btc
