Bitcoin may hit $120,000, Bitboy_Crypto says, here's when and what will push it
, also known as"BitBoy," has shared several predictions about the future of the Bitcoin price for the upcoming three years. He believes that during this period the king crypto will return to all-time highs, and then it will be back to the bear market.Here's what will push BTC to new highs, per BitBoy
According to a recent tweet by Armstrong, Bitcoin is at the moment at the level where he expected it to be — the $16,800 zone. By the end of next year, he reckons that BTC will start heading close to the 30,000 level again. As for the possibility of going to new all-time highs, that is likely to happen at the end of 2024, per his tweet.
This will be the year when the next Bitcoin halving is to take place. In a tweet published earlier today, Armstrong stressed the fact that he believes BTC will go up after halvenings, when miners begin to produce half as much BTC from each block. He added,"Of course none of this is guaranteed, but these are my opinions."
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