The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
What do you think?
I think the condition of Bitcoin is not looking any better in the current situation,but Bitcoin halving period will start in April 2024 next year,but it is not even the case that the price of Bitcoin will start increasing from the day of halving.rather, there is movement within the market long before that.Now we have to figure out how many days we have before the halving Whether the market goes down or up, we should prepare for the bull season from here.According to analysts, Bitcoin may begin its bull season slowly from here.
If someone wants to take crypto from here, then start taking their crypto from here.Because if we look at the previous record of bitcoin, it has always seen such a situation before halving and after that bitcoin started its journey towards bull season.So I think there is no need to worry too much.