Post
Topic
Board Speculation
Re: BTC above $53k
by
FinePoine0
on 16/03/2024, 11:53:55 UTC
I have read often times that price of BTC usually dump before the halving and pick up after halving but it's looking as if there is going to be an exception to this rule this year now that Bitcoin ETF has already been approved and lots of instructional buying going on.

With BTC constantly going up and as we approach March I'm just few days? Do you think we are going to see any major corrections before the halving?

The price of Bitcoin has continuously increased to the highest amount this March. Which has broken the highest record of 2021 and touched the highest bitcoin price at the current time at 73.6k. So the longer you wait the higher the market moves and you can see new records. Although at present 2024 has not yet taken place, the only reason for the increase in Bitcoin prices is the approval of Bitcoin ETFs. Since receiving this approval, the price of Bitcoin has seen the most consecutive gains, which is a positive factor for us at the moment.