ilmscore | When Bitcoin Will Reach $40,000 Per Coin #shorts

When Bitcoin Will Reach $40,000 Per Coin #shorts

Published: 2023-07-18

Status: Available | Analyzed

Predictions from this Video

Total: 6

Correct: 0

Incorrect: 0

Pending: 6

Unrated: 0

Prediction

Topic

Status

The final deadline for the SEC to make a decision on the spot Bitcoin ETF is February 23, 2024.

"but their final deadline is February 23rd 2024."

Pending

Bitcoin's next halving event is expected to occur in April 2024.

"bitcoin's next having which will happen April 2024"

Pending

The cost to mine Bitcoin is estimated to double around the April 2024 halving event, from the current price of approximately $23,000.

"when the cost of mine of Bitcoin estimated to double from the current price of roughly twenty three thousand dollars"

Pending

Estimates suggest Bitcoin's price could range from $35,000 to $45,000 per coin in 2024.

"estimates range anywhere from 35 to 45 000 per coin in 2024."

Pending

The estimated $35,000-$45,000 range in 2024 could potentially represent Bitcoin's floor price.

"so in theory that could be bitcoin's floor price"

Pending

The increased mining costs will make it unprofitable for many Bitcoin miners, with only the most efficient ones expected to survive.

"it's going to become extremely unprofitable for a lot of Miners And Only The Strongest Ones will actually survive"

Pending