A well-known Bitcoin trader, Rekt Capital, has boldly predicted that Bitcoin could surge to $100,000 following its next halving event in April. This forecast has generated significant interest in Bitcoin and RCO Finance (RCOF), a rising platform in the cryptocurrency space.
Rekt Capital’s prediction is based on a recurring pattern where Bitcoin historically experiences a significant price increase about three months after its halving. Despite a recent 4.75% drop in Bitcoin’s price, currently trading at $56,034, many analysts remain optimistic about a potential surge to $100,000. This optimism is fueled by increasing investments and the identified historical pattern.
However, not all analysts share this bullish outlook. Veteran trader Peter Brandt has expressed a more cautious view, suggesting that Bitcoin’s current bullish cycle might be over, with a potential drop to $52,000 in the coming weeks. Despite this, the overall sentiment remains positive, with many traders expecting a strong recovery.
