@clarindanna6
Bitcoin price projection following the April halving
The April Bitcoin halving is a major catalyst, cutting miner rewards in half and tightening supply. Historically, halvings have preceded major bull runs. Post-halving, prices may consolidate or pull back before rallying. Currently, BTC hovers near $68K, and market sentiment is bullish but cautious. RSI is not yet overbought, and on-chain data shows strong HODL behavior. Reduced miner selling pressure will support price longer-term. Forecast: consolidation at $65K–$70K in the short term, aiming for $80K+ by mid-year.