Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
with the month is on now?
https://coinmarketcap.com/ here's the market movement as my typing and still continues to fall slowly.
I believe that we will be seeing at least 50k level till the halving happens and will slowly grow when the year comes
2024 is known as the year of 4th Halbing. We hope to be able to show this April. Looking at the past years, we find that there is a falling market which is a special opportunity for investors.
then how much it will fall from this great increase for the last couple of months?
Historically we have always big decline in price of Bitcoin before halving and same going to happen this time again with currently we are having just 10% and many are expecting good fall in coming days as well because in 2012 we have 46% fall and then in 2016 we have 40% and in 2020 we have huge fall which was nearly 60% so just keep eye on market and enjoy this fall because things can take good change in coming days which could be profitable for the many those can afford to have things under well control for them.
We all know usually whales can also do something during this period so need to stay cautious about the all situation and keep eyes around and use your part carefully with not take big risk which can hurt anyone.