Experts say the price of Bitcoin could top $200,000 by 2028 but concerns around network security and miner profitability still loom.) halving has officially seen the rewards paid out to miners reduced from 6.25 Bitcoin per block to 3.125 BTC. But now, experts turn their eye to where Bitcoin could be by the next halving in 2028.
“We’ve gone from trough to peak price gains of more than 60,000% in 2013, to 12,000% in 2017, and then 2,000% in 2021,” he said. Offering a slightly more bullish sentiment, Henrik Andersson, the chief investment officer at Australian crypto investment firm Apollo Crypto, told Cointelegraph that he predicts a peak price of around $200,000 Bitcoin before 2028.
Caroline Bowler, the CEO of BTC Markets told Cointelgraph that she was looking to external predictions from investment banking firms such as Standard Chartered which said“In the short window of time we’ve seen with ETF involvement, there has been ongoing support for that thesis,” she said.
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Bitcoin’s 2028 halving price target is $435K, historical data suggestsWhile the halving is associated with Bitcoin price rallies, the current rally is mainly driven by ETF inflows, according to Bybit’s Yang.
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