Based on the pattern on the chart, it seems like Bitcoin is going to correct itself but to what extent, no one knows.
We can clearly see that BTC hasn't been able to cross its previous highs after each dip recently which indicates that there is a bearish momentum going on.
So can we expect a major correction or it's going to go up again and reach $80K before halving?
Let's discuss.
Regards
SK
What I do believe is if Bitcoin drops down to 30-40kish? then that would be the meaning of Bear market and yeah of course it will climb back to the top but surely that would not happen instantly instead will take long months of growing back
if bitcoin did not maintain its 50-60k positioning then there are more possible that we will suffer from what Halving usually brings and that is Bear.