Post
Topic
Board Speculation
Re: Bitcoin Closing in on 60k, Again!
by
FinePoine0
on 24/03/2024, 05:22:56 UTC
The $100K  price can be reached before the halving and what we are seeing now in the market is the last market correction before another pre-halving bull happens. The major concept of the correction is to strengthen the market but that doesn't mean the correction is not good for short-term trading/investment it only depends on the trader's/investor's capacity about the market.


The biggest thing is that the moment before the Bitcoin halving set a record high. Because the price of Bitcoin has gradually risen to the highest level since the Bitcoin ETF support. So now if the halving takes place there is a high probability that the price of Bitcoin will go down. Because when the price of Bitcoin falls, all the investors will start to re-invest their Bitcoins, and this situation must be created because there is a bull market next. This bull run has a high probability of reaching the highest Bitcoin price, which all investors have been waiting for.