Edelman predicts a Bitcoin price of $ 150,000 after halving

After halving in 2024, Bitcoin could exceed the $ 150,000 mark

The prediction goes back to Edelman founder Ric Edelman. The analyst assumes that the milestone will be reached a few months after halving. It is not the first time that analysts for Bitcoin make such big predictions.

Edelman believes that the crypto sector is in a transformation phase. The phase is characterized by increasing maturity and changes in behavior. According to Edelman, this market dynamics and regulatory measures lead to a cleaning of the sector. Cleaning that digital assets for private investors and institutional investors become more attractive.

The latest developments are also inspired by crypto. Edelman describes Ripple's victory against the SEC as a crucial development that will promote the introduction of cryptocurrencies. Grayscale also recently won a procedure against the Sec and gave the sector more green light. Analysts under the direction of JPmorgan believe that victory paves the way for the approval of the first Bitcoin ETF.

but the halving in 2024 will be a bullish catalyst for Bitcoin, according to Edelman's predictions. Edelman points out that the halving of Bitcoin is historically a bullish catalyst. He says that the halving could release Bitcoin's value and help him reach $ 150,000 by the summer of 2025.

The role of the chancer and how he benefits from a bullish Bitcoin

Chancer is a new blockchain platform that enables peer-to-peer bets. Investors can set up a chancer market on a secure blockchain platform and bet on every desired event. The users bet according to their own rules and quotas.

The spread of Chancer is a challenge for traditional bets in which the markets are established by bookmakers. By enabling investors to create P2P markets, Chancer enables more people to participate in bets. There are rewards for the creation of Chancer markets and the parts of the platform.

Chancer will be the token with which investors can demand profits from successful bets. They are also paid for the creation of the P2P markets or the distribution of Chancer messages. The token is also available to investors who strive for a passive income.

Chancer could initially benefit from speculation about his new betting platform. Since the token is listed in the third quarter of 2023, the price could begin to gain value.

Conversely, a Bullisches Bitcoin is always a positive catalyst for the rest of the crypto sector. As the largest cryptocurrency in the world, Bitcoin demand increases the mood for risky assets. Thus the Bullenmarkt Chancer forecasted by Edelman could help and increase the value of the token.

is Chancer a sustainable blockchain?

The continued bear market has shown that only the strongest blockchains and projects survive. As soon as the bull market returns, investors could concentrate on valuable projects with solid applications.

bet is one of the strongest and fastest growing sectors. Online sports betting alone expects between 2023 and 2027 at 9.94 % CAGR grow. The growth rate will increase the total market volume to $ 63.62 billion by 2027.