Bitcoin is predicted to grow to a record $ 200,000

Bitcoin may reach $ 220,000 after the market regains key support levels. According to Cointelegraph experts, the forecast is based on historical data on the surrender of bitcoin miners.

Analysts note that the end of the periods of miners' surrender after halving BTC $65,842.58 Bitcoin 0.09% Market capitalization $1.3 trillion VOL. 24 hours $0.6 billion has always been accompanied by a significant price increase. For example, after the miners' surrender in 2012, the price increased by 5.110%, in 2016 — by 3.346%, and in 2020 — by 591%.

According to crypto analyst Cryptonary, if the current period of miners' surrender ends, bitcoin could reach $ 223,000.

Michael van de Poppe, founder of MN Capital, predicts that the HTS will rise to $ 100,000 if it stays above $ 65,000 with the support of institutional investors. He believes that a steady inflow of funds from major players could push the price to new heights.

Another independent analyst, Cryptocon, also points to a possible second growth cycle for bitcoin. He believes that bitcoin will be able to reach and exceed its previous all-time high of $ 69,000, which will pave the way for new record highs.