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Here Is the Timeline to Buy Bitcoin Below $120,000: Analyst

  • 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.

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