Bitcoin Block Channel Reveals $400,000 Price Target – Details

The Bitcoin market continues to witness an intense price correction in line with broader crypto market movement. In the past week, the premier cryptocurrency recorded another 10% price decline, trading as low as $80,800, before experiencing a modest bounce.  Bitcoin now stands 32.79% below its all-time high, with distribution taking preference over accumulation for most investors. However, popular analyst Gert Van Lagen has unveiled an on-chain trend that postulates an impending revival of the bull market. Related Reading: Saylor’s Strategy Under Threat: Index Status At Risk With $8 Billion On The Line Bitcoin Historical Post-Halving Movement Indicates Bullish Hope  In an X post on November 21, Gert Van Lagen outlines a positive Bitcoin price prediction based on data from the previous post-halving movement. The renowned analyst explains this forecast, using a long-term logarithmic chart of Bitcoin’s price vs Bitcoin block height, which highlights a regression channel the digital asset