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Where did you see bitcoin in 2025

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Where do you see bitcoin in the 2025

Let’s begin with some history of Bitcoin and how many halvings have occurred, as well as the effects of these halvings on the Bitcoin price :

1- Firstly, on November 28th, 2012, during the first halving, the BTC price on that day was just $12.35. Yes, it’s quite inexpensive compared to today’s standards. After the first halving, the price of BTC increased, and approximately 1.5 years after the first halving, the BTC price reached its all-time high (nearly $1000) in early 2014????it’s remarkable yeah about 80 times higher from the halving day price yeah i know it’s crazy ; Then, it experienced a downturn in preparation for the second halving. (As a reminder, before the first halving, 50 BTC were created every 10 minutes, and after the first halving, this amount decreased by about 50 percent to 25 BTC per 10 minutes.)

2- The second halving occurred on July 9th, 2016, with the BTC price on that day being $650.53. By December 17th, 2017, it reached its all-time high of $19,700. This outstanding increase (roughly 30 times the price on the second halving day)awsome yeah?Also, it’s important to note that after the second halving, the BTC mining reward decreased to 12.5 BTC per minute.

3- The third halving took place on May 11th, 2020. While opinions on the future of found BTC vary, many consider it a lost cause. On that day, the BTC price was $8,821.42. The mining reward for BTC was cut in half, decreasing to 6.25 BTC per 10 minutes. This reduction contributed to BTC reaching its all-time high of $69,000 in November 2021 and wow 12 bucks reached 69K !! It’s unbelievable ; This bull run surprised many, although some didn’t realize that the price they purchased was an all-time high and ended up holding it for years. Those who are still holding BTC from those days should continue to do so. It’s a cyclical pattern that will likely repeat, given that the BTC mining reward is halved each time and market demand increases.

The next halving date is between February and May 2024, and it’s expected that the price on halving day will be well above $30,000. By mid-2025, Bitcoin is predicted to achieve a new all-time high. What are your thoughts on what the new ATH price for BTC will be?

submitted by /u/Arash_Rezae
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