$180,000 Bitcoin Price Explosion Incoming As BTC Halving Takes Over, Says Crypto Analyst


A popular crypto analyst just unveiled his long-term target for Bitcoin’s current cycle – and it’s a big one.

The pseudonymous trader, whose alter ego is Filbfilb, tells his 85,000 Twitter followers that his target for the top cryptocurrency is now $180,000.

The analyst points to Bitcoin’s halving, which is now about a year away, as the key catalyst.

The halving, which happens every four years, will reduce the amount of new BTC entering the market from 6.25 Bitcoin per block to 3.125 Bitcoin per block.

The tightening of supply has historically coincided with major moves in Bitcoin’s price, and the trader believes this time will be no different.

“Bitcoin halving is due for March 2024. If history is anything to go off then you have 18 months absolute max to get your shit together before we start doing all sorts of crazy stuff above the all-time high again.”

Filbfilb says traders should only need one chart, detailing what has happened immediately after each BTC halving, to understand…

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