Most people are anticipating the price between 70,000$ to 80,000$ by the end of the match. This is 41% of the bets in this range and this can be seen on freebitco. The current price of Bitcoin is under 70K. There are still 15 more days for March to end but seeing the price under 70K for those who have placed the bet on over 70K, is not a nice figure for them.
Think!
If Bitcoin market moves like most of gamblers, investors, traders think, it will not give market makers biggest profit.
I don't say Bitcoin must hit $52,000 to continue its bull run but it's one of scenarios I thought of. Let's wait and check out the market.
I think bitcoin has to have a price drop to exactly below $60k to be able to rise again next year, because the current increase in bitcoin is not really like in the previous cycle, even though every cycle there will always be differences but usually after the halving all markets will bullish not before the halving, but this is where halving FOMO works everywhere, even on almost all social media, all influencers and famous people always post about the bitcoin halving time which makes everyone buy bitcoin without needing to know what the bitcoin halving means.
I think the increase in the price of bitcoin is quite high and has even touched a new ATH too, so they need a price correction which must go down for some time to be able to rise again after the halving or next year, there is still time next year to see the whole crypto market become bullish again and everyone should enjoy the party too every 4 years, speaking of predictions I still bet a little under $60k on the price of bitcoin at the end of March because I see the market doesn't look good at the moment let alone buying it. Bitcoin price will not be above $70k by the end of March
