Bitcoin's price currently hovers between $105,000 and $109,000, showing signs of a bullish trend despite fluctuations.
Analyst Leo Heart utilizes a rainbow logarithmic regression model to predict Bitcoin's price trajectory, highlighting its growth potential following halving events.
Heart's analysis projects Bitcoin's price to range between $122,372 and $509,090 by 2029, with potential for a surge from the current price of $106,952.
Heart suggests that it will only be possible to buy Bitcoin below $120,000 until the end of 2028, with expectations for significant price increases post that period.