Bitcoin price prediction after halving: MikybullCrypto predicts BTC price target for February.

Leading cryptocurrency analyst MikybullCrypto predicts that the Bitcoin price could surge to $50,000 before undergoing a significant correction. Meanwhile, predictions based on past market cycles, macro corrections, and pre-halving periods suggest that Bitcoin is likely to rise significantly soon.

BTC Reaches $50K

MikybullCrypto, a well-known cryptocurrency analyst, shed light on the current market scenario in his recent post on

If you look at Bitcoin’s monthly chart, you will see a pattern called a doji, which indicates that people in the market are at a loss.

Analysts note that the Supertrend indicator, a tool trusted by many analysts, continues to remain in bearish territory. A major factor contributing to this bearish sentiment is Bitcoin’s failure to secure a monthly close above the critical $45,000 level. This is the expected outcome later this month.

Looking deeper into the analysis, MikybullCrypto highlights historical patterns, noting that the Relative Strength Index (RSI) has historically reached levels around 67 in the pre-halving period before macro corrections occurred.

Meanwhile, predictions suggest that Bitcoin could reach the $50,000 threshold before undergoing a significant correction.

Strong February, correction in March?

MortensenBach’s connection to Bitcoin seasonality chart MikybullCrypto’s analysis shows a strong February followed by a possible correction in March. Currently going through a consolidation phase, Bitcoin awaits major moves.