BTC halving market anomalies occur frequently, may historical patterns be broken?
Is the Bitcoin halving market really different from the past? ?
60 days before 2012 halving, BTC was 62% below its peak
50 days before 2016 halving, BTC was 56% below peak
60 days before 2020 halving, BTC is 70% below its highest point
50 days before 2024 halving, BTC is 12% below all-time highs
40 days before the halving in 2024, BTC reached a historical high of 73,000, so how much lower will it be than the historical high?
So to what extent can Bitcoin pull back this round?
After reaching $73,000 per Bitcoin, the price began to decline as the correction came, and its price is very likely to drop to $54,000 to $58,000 again.
And most people in the currency circle highly predict that before the next Bitcoin halving event, the price will fluctuate frequently between $53,000 and $71,000. Starting in June, after the halving, the price is expected to exceed the current ATH and gradually increase significantly over the next few months.
If everyone failed to sell Bitcoin or other cryptocurrencies when prices were above $65,000, it might be wise to hold on to them as the main part of the bull market is not quite here yet.
This round of correction is expected to wipe out all bullish orders.
59000 under the pin is still very possible.
It is more reasonable to wait for two pins to take off.
The bull market will last for at least one year after the halving
So every callback is an opportunity to cut bricks and add more!
$BTC $ETH $XRP
Although large capital from the United States entered the market before this round of halving, the general trend remains unchanged and only the hearts of the people ️. Let time settle everything. See you at 150,000 yuan!
My name is Brother Ming. The above information does not serve as any reference or suggestion. There are many people in the currency circle, so you must be cautious when entering the market. Investment is risky. If you have any questions, please contact Brother Ming! #BTC
