A forecast for Bitcoin to hit $500K after April's halving, then $5mn by 2032

<p>There are a bazillion crypto/BTC forecasts about, 99.9% for much higher, of course (it's a bit of a wild unregulated market).</p><p>Near term forecasts focus on the upcoming 'halving':</p><ul><li>Halving happens every four years for bitcoin

its when crypto miners' reward is cut in half to create a scarcity effect
</li><li>April 2024 is the next expected halving date</li></ul><p>A handy summary chart doing the rounds on social media shows a $500K forecast (not the vertical scale is log), if previous halving events are anything to go by:</p><p>Future halving events are due in 2028 and 2032, when a $5mn price is projected. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.