Quote from: FinePoine0 on Today at 11:53:55 AM

Quote from: TheVeteranAngel on February 26, 2024, 05:00:02 PM

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.

Achieving the highest price level in March was very unexpected because the price had increased for several weeks until the market had reached a record high price, I think the current price decline is because many whales have cut profits, thus triggering a market correction in the last few days, it is possible that the market will experience an increase the highest next month with a new movement pattern and supported by halving news will support the bitcoin price rise higher. So monitor market movements before the halving because the market usually experiences a decline during the halving