Report: bitcoin expected to hit $70,000 after halving

According to a report published by cryptocurrency exchange Toobit, the next halving event will take place in April 2024, when the value of Bitcoin can be expected to reach $70,000 USD. The report argues that the cryptocurrency market could be affected by many external forces, not just the halving event. This includes phenomena such as regulation and market sentiment analysis. While past results may show a positive reaction after each halving event in history, the impact may vary depending on the current market conditions or external influences of each particular halving event.