Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
I believe that we will be seeing at least 50k level till the halving happens and will slowly grow when the year comes
halving is near, I doubt even the recent dips could make it touch the level of $50k so many people are bullish, ETF is a huge success, I doubt it will ever reach $50k that unless sudden bad news comes up but overall I've seen strong market that bitcoin is having whenever its dipping there seems to be massive buying happening as well for people to accumulate I guess, if I still have money left i'd definitely make investment now but all money already invested.
we will see several weeks after halving though whats gonna happen my guess is that it has high chance of dumping just a little bit because as the saying goes buy the rumour sell the news some people gonna sell at the event but moving forward it will be bullish until the end of the year I guess at least until it hits near $100k or beyond.
for the holder that has been holding their dear investment from when bitcoin was still around $20k, then they are already hitting the jackpot turning giving them massive increase in their life savings.
price is still going stronger at 71-72k nearing the halving at lest more than a week now
this means so much to the supporters when this supposed to be the latest increase when this must be dumping now?
I think there will always be the different approach in this matter that halving is not how we look at this year.
Go Bitcoin Fly High ..