Bitcoin

April

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  BTC price all-time highs await Bitcoin hodlers before April 2024, says BitQuant — but what happens after will be even bigger. 
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<div class="cointelegraph">
 <p>Bitcoin (BTC) has a $250,000 target for after its next block subsidy <a rel="dofollow" title="halving" href="https://thebittimes.com/tag/halving.html">halving</a> — but new all<a rel="dofollow" title="-time" href="https://thebittimes.com/tag/time.html">-time</a> highs will come sooner.</p>
 <p>That is the latest BTC price prediction from BitQuant, the popular social media commentator who sees a rosy future for the largest cryptocurrency.</p>
 <h2 id="bitquant-pre-halving-all-time-high-will-not-be-btc-price-top">BitQuant: Pre-halving all-time high will not be BTC price top</h2>
 <p>In his latest post on X (formerly Twitter) on Sep. 15, the pseudonymous “central banker and Bitcoiner” revealed a pre-<a rel="dofollow" title="halving" href="https://thebittimes.com/tag/halving.html">halving</a> target above $69,000.</p>
 <p>“No, Bitcoin is not going to top before the halving,” he wrote in part of commentary. </p>
 <blockquote>
  “Yes, it's going to reach a new all-time high before the halving.”
 </blockquote>
 <p>Bitcoin has just over six months before the halving, the event which cuts miner rewards earned per block by 50% every four years.</p>
 <p>Analysts argue that the resulting emission restrictions have a cathartic impact on BTC price performance, acting as something of a springboard in advance of Bitcoin seeing new all-time highs.</p>
 <p>For BitQuant, however, that alone is not bullish enough. Not only will Bitcoin beat its current record, set in 2021, before next April — it will go on to hit $250,000 per coin after the next <a rel="dofollow" title="halving" href="https://thebittimes.com/tag/halving.html">halving</a> cycle begins.</p>
 <p>“No, BTC is not going to $160K because the magnitude of every pullback is large,” he continued.</p>
 <blockquote>
  “This means it will peak after the halving, in 2024. And yes, the target price is around $250K.”
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  <img src="https://cdn.thebittimes.com/images/2023/09/15/05b2f8fd5cc993d35fdfc640c03f4ae7.webp">
  <figcaption style="text-align: center;">
   <em>BTC/USD annotated chart. Source: BitQuant/X</em>
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 <h2 id="bitcoin-traders-diverge-on-halving-price-picks">Bitcoin traders diverge on halving price picks</h2>
 <p>As Cointelegraph reported, market participants are highly divided when it comes to how BTC price action will play out into the halving and beyond.</p>
 <p><strong><em>Related: Wen moon? Bitcoin <a rel="dofollow" title="halving" href="https://thebittimes.com/tag/halving.html">halving</a> cycle hints at Q4 as smart money ‘buys the rumor’</em></strong></p>
 <p>Some agree that higher levels are possible by April, but plenty of conservative voices remain. </p>
 <p>Last month, Bitcoin investor and author Jesse Myers dispelled any idea that BTC/USD will be trading at six figures between now and then.</p>
 <p>In a subsequent interview with Cointelegraph, meanwhile, Filbfilb, co-founder of trading suite Decentrader, gave a pre-halving BTC price ceiling of $46,000.</p>
 <p>“Assuming no black swan event, around $35,000 by the end of the year and possibly as high as $46,000 some time pre-<a rel="dofollow" title="halving" href="https://thebittimes.com/tag/halving.html">halving</a> in Q1 2024,” he said.</p>
 <p>Bitcoin traded at around $26,400 on Sep. 15, up 1.3% in September so far, per data from monitoring resource CoinGlass.</p>
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  <img src="https://cdn.thebittimes.com/images/2023/09/15/f28ef2dd8595a60ecd02bc3f121c3dbf.webp">
  <figcaption style="text-align: center;">
   <em>BTC/USD monthly returns chart (screenshot). Source: CoinGlass</em>
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 <p class="post-content__disclaimer">This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. </p>
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/bitcoin-price-all-time-high-will-precede-2024-halving-new-prediction-tbt62910.html">https://thebittimes.com/bitcoin-price-all-time-high-will-precede-2024-halving-new-prediction-tbt62910.html</a></p>

Bitcoin price all-time high will precede 2024 halving — New prediction

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