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
It was getting to the point that those hodling will start having a rethink on weather to sell or continue hodling, no matter how low the price of Bitcoin is going I believe we still have those that can still wait till it gets back on track before the halving. $80k isn't the aim before the halving and I still believe that Bitcoin price can surpass the current ATH, with that happening I feel the price can be bigger than $80k and I'm not expecting Bitcoin to fall all the way back to $40k, not anytime soon.