How low will bitcoin go?

Earlier today, Bitcoin (BTC) set a new low for 2022 at $38,813, which is the lowest level it's fallen to since July 2021. Over the past 24 hours, Bitcoin is down 5%, for the past seven days it's declined 15%, and it's fallen more than 50% from its all-time of $69,000 set in November 2021, according to CoinMarketCap.

Will bitcoin ever hit 100K?

In addition, according to PlanB, Bitcoin (BTC) will reach a $100k average price in two years. PlanB believes the price of BTC will reach $100,000 in the near future. Investors, on the other hand, will have to wait at least two years to see a major rally. According to the graph, the next halving will occur in mid-2024.

When will bitcoin go down?

With the number of new bitcoins issued per block decreasing by half approximately every four years, the final bitcoin is not expected to be generated until the year 2140. The number of new bitcoins...