“Prices started to rally 15 months before the next halving (November 2022) and they tend to finish 39% from where they traded 24 months prior. This would imply that bitcoin trades around $63,160 (March 2022 at $45,538*(1+39%) = $63,160) by March 2024,” Thielen wrote in the latest edition of Matrix on Target note.
Bitcoin Could Rally to $63K Ahead of Next Mining Reward Halving: Matrixport
