Bitcoin price predictions abound as traders focus on the next BTC halving cycle By Cointelegraph

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Bitcoin price predictions abound as traders focus on the next BTC halving cycle

‘s recent collapse has been repeatedly singled out as the main source of weakness affecting crypto assets, but it’s much more likely that a combination of factors are behind the start of this current bear market.

At the same time that the market was reeling from the Terra saga, the 2-year mark for the next (BTC) halving was also crossed and this is a metric some analysts have used as an indicator for the end of a bull market.

1-week chart. Source: TradingView
Bitcoin stock-to-flow model. Source: LookIntoBitcoin
BTC/USD 1-month chart. Source: TradingView
BTC/USD 1-month chart. Source: TradingView
Bitcoin price prediction chart. Source: LookIntoBitcoin