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Ben Armstrong, a well-known YouTuber in the crypto community, believes that Bitcoin will reach all-time highs by 2024.
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Due to halving, digital gold could reach $120,000 per coin within two years.
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Ben Armstrong, a crypto blogger, known as BitBoy, has made several predictions regarding the future price of Bitcoin over the next three years.
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Armstrong believes that the cryptocurrency will reach all-time highs during this period and then return to the bear market.
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Armstrong recently posted that Bitcoin is now at the $16,800 level, which Armstrong had expected.
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Armstrong believes that Bitcoin will reach $30,000 by the end of next year.
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Digital gold could reach an all-time high of $120,000 per coin by 2024.
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Armstrong tweeted Monday that he believes BTC would rise if miners started producing half the amount of BTC per block after the halving.
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Armstrong added, "Of course, none of this can be guaranteed, but these were my opinions."
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He believes that the crypto market will enter a bearish trend in 2025.
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Every four years, Bitcoin is halved. The last one occurred in May 2020.