BTC price can more than double in price this cycle, thanks to Bitcoin ETFs, next month’s halving, and easing monetary conditions.
Bitcoin (BTC) price could gain another 150% during the current bull market cycle, according to Laurent Benayoun, the CEO of Acheron Trading and quantitative trading strategies expert.
The executive anticipates a potential cycle top of $180,000 for BTC price, based on a combination of factors, including the spot Bitcoin exchange-traded funds (ETFs), and the new supply reduction from the upcoming Bitcoin halving.
Benayoun explained: