When Was The Bitcoin Halving In 2024 Prediction. Euphoric sentiment, institutional buying demand, and historical gains linked to bitcoin’s halving event are putting the asset on track to cross its lifetime highs of $69,000 in. So far, about 19 million tokens have been released.
On average, the price target is just over $87,000. The next halving in 2024 will further reduce the block reward from 6.25 btc to 3.125 btc, potentially increasing bitcoin’s price as the supply of new bitcoin slows down.