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The post <a href="https://coinpedia.org/price-analysis/crypto-price-predictions-post-bitcoin-halving-major-bull-run-expected-to-500000/">Crypto Price Predictions Post Bitcoin Halving: Major Bull Run Expected To $500,000?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With Bitcoin’s market capitalization at a new all-time high of $1.451 Trillion, the bulls are taking an offensive stance well before the Halving. As the biggest cryptocurrency per market cap shows a remarkable reversal in late 2023 and continues in 2024, the bull market sustains dominance.&nbsp; 
For this bull run, the general sentiment finds the growing inflows in the <a href="https://markets.coinpedia.org/bitcoin-etf/">Bitcoin ETF</a> as the major catalyst. However, the ongoing pullback ignores the ETF inflows as the profit booking starts. Further, the rising global tension with the terror attack on Moscow is threatening a downfall.&nbsp; 
Nevertheless, the upcoming <a href="https://coinpedia.org/beginners-guide/what-is-bitcoin-halving/">Bitcoin halving</a> teases a bull run like always. With a historic record of igniting bull runs, the anticipations are high for the upcoming Halving. But how high will the Bitcoin price hit post-2024 Halving? Let’s take a closer look at the BTC price chart to find out the next big <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin Price Prediction</a>.&nbsp;&nbsp; 
<h2 class="wp-block-heading" id="h-btc-price-rally-reflects-bullish-dominance-nbsp">BTC Price Rally Reflects Bullish Dominance&nbsp;</h2> 
With a rise of almost 300% from December 2022, Bitcoin’s bull run is starting early, well before the Halving year. After the successful recovery in 2023, the BTC price forms a rounding bottom reversal in the weekly chart. 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/03/23153602/image-242-1024x509.png" alt="" class="wp-image-282061" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/23153602/image-242-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/23153602/image-242-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/23153602/image-242-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/23153602/image-242-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/23153602/image-242-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/23153602/image-242.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<a href="https://www.tradingview.com/x/ApfGolKe/">TradingView</a> 
Further, with the recent spike to the $73,000 mark, the Bitcoin price gives a bullish breakout to this trend continuation pattern. Currently, a bearish week is coming after a slump makes an evening star pattern.&nbsp; 
However, to the optimistic eye, this pullback is a retest of the bullish breakout. Hence, the possibility of a bounce back is growing per the price action.&nbsp; 
Further, the BTC price could hit a new all-time high with the upcoming BTC Halving Event. As per the Fibonacci levels, the uptrend could hit the 1.618% Fib level in the initial weeks of Bitcoin Halving. Hence, the BTC price is expected to scale close to almost $100,000.&nbsp; 
However, from a longer perspective, let’s look at the logarithmic price chart of BTC. 
Also Read: <a href="https://coinpedia.org/price-analysis/bitcoin-ethereum-and-xrp-price-prediction-bulls-making-a-comeback/">Bitcoin, Ethereum and XRP Price Prediction: Bulls Making A Comeback?</a> 
<h2 class="wp-block-heading" id="h-bitcoin-to-hit-500-000">Bitcoin To Hit $500,000</h2> 
As per the logarithmic Bitcoin price chart, the monthly timeframe showcases a rising channel in formation. Further, the ongoing reversal comes with a potential rounding bottom breakout.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="509" src="https://image.coinpedia.org/wp-content/uploads/2024/03/23153559/image-241-1024x509.png" alt="" class="wp-image-282060" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/23153559/image-241-1024x509.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/23153559/image-241-300x149.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/23153559/image-241-768x382.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/23153559/image-241-1536x764.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/23153559/image-241-150x75.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/23153559/image-241.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
Considering the uptrend shows a similar price movement as to the last Bitcoin Halving in 2025, the HODLers are in for a massive ride. While BTC witnessed the last bull run to achieve more than 800% rally in a year, a similar price jump could make the $100,000 target seem much smaller.&nbsp; 
This is because the bull could potentially reach the overhead resistance in the rising channel and dominate the $500,000 mark. In other words, the logarithmic price chart teases a target of half a million.&nbsp;

Crypto Price Predictions Post Bitcoin Halving: Major Bull Run Expected To $500,000?

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