Bitcoin's past halving cycles have historically led to dramatic price increases, with the 3rd halving in 2020 propelling BTC to nearly $70,000.
A chart by Ecoinometrics projects potential outcomes for the current halving cycle based on historical patterns, with aggressive projections suggesting BTC could reach up to $4.5 million per Bitcoin.
The shaded blue region on the chart represents the average growth band based on prior cycles, showing Bitcoin tracking in line with past behavior and maintaining upward momentum within the historical growth envelope.
BTC's volatile nature and powerful growth potential make this post-halving cycle a closely observed period in the crypto world, with expectations ranging from six to potentially seven figures for Bitcoin.