Experts predict that Bitcoin‘s price could surpass $200,000 by the next halving in 2028, citing historical trends and factors like institutional acceptance and ETF inflows.
Despite concerns about network security and miner profitability, analysts anticipate significant price increases in the market, with some suggesting a doubling or tripling of Bitcoin’s value.
However, some worry that reduced miner rewards could make mining unprofitable in the long run, although alternative revenue sources and advancements in technology are seen as mitigating factors.
Source: Cointelegraph
Bitcoin Price Set to Skyrocket Over $200,000 by 2028 Halving, Experts Predict Despite Miner Profitability Concerns