Analyst Predicts $200,000 Surge Ahead of the Halving

As the upcoming fourth Bitcoin halving, slated for April, approaches, various industry experts are offering predictions, and technical analyst Gert van Lagen suggests a potential climb to the $200,000 mark before the event.

Following the “sell the news” reaction to the approval of spot Bitcoin ETFs, attention turns to the next bullish catalyst for crypto prices.

Van Lagen employs Elliott Wave analysis, indicating a wave pattern that could lead to a $200,000 BTC price before the halving, signifying a robust accumulation phase by investors.

Despite the recent U.S. SEC approval of spot Bitcoin ETFs, the immediate market response hasn’t been as parabolic as expected, with Bitcoin currently trading around $42,962.

However, analysts anticipate potential surges driven by institutional demand for ETFs and the impending block subsidy halving, aligning with the views of Bitcoin advocate Michael Saylor, who foresees a substantial influx of investment following these developments.


Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

Follow Us

Top Selling Multipurpose WP Theme


Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!


Crypto feed news

Our team of crypto enthusiasts and market mavens is on a mission to deliver the latest, juiciest, and most insightful updates from the ever-evolving world of cryptocurrencies.

@CryptoFeedNews 2023 All Right Reserved. Designed and Developed by TheDevThingz

Skip to content