Amid heightened market volatility, Bitwise CEO Hunter Horsley has ignited investor interest with his latest forecast on X, predicting Bitcoin’s rise to $100,000 post-halving. Horsley’s remarks come on the heels of the Bitcoin halving event on April 19, emphasizing the underappreciated impact of this periodic adjustment. Drawing on historical data, Horsley highlighted past surges following halvings, including a 5.4x gain in 2020 and even an 88x increase in 2012, setting a bullish precedent for the cryptocurrency’s future.

Today’s market movements reflect this optimism, with Bitcoin navigating through fluctuations yet closing in the green. Horsley’s analysis suggests a robust market uptrend driven by new demand and decreased selling pressure in 2024. His bold claim of a $100K Bitcoin, representing a 67% increase from current levels, has captured significant investor attention, suggesting a promising horizon for Bitcoin enthusiasts amidst today’s trading frenzy.

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