Yeah.., but 56. That is not that far away from top 50, and perhaps today we are going to be back in the top 50.
There does not seem to be any reason to worry about BTC prices and/or even daily weight traded BTC prices, even if we were to be knocked off the top 100 chart, and yeah, it has not yet happened... so there really seem to be a lot of various support levels that would need to be broken if we were going to first drop off of the top 100 (which hey is in the lower ends of no man's land so not even out of the question to drop off), but then second to get all the way to the bottom of no man's land, which I estimate to be around $55k, and we have not even come close to getting there, yet..
The bitcoin halves are the expected one in the current date,because some of the traders had loss their holdings to sell at good price.They are not satisfied with the value of71k dollars in the bitcoin price.Such people waited for the value to reach the value of 80k-85k dollars,but the bear after the bull run was the common one.So the correction was happened to the 60k mark after the 71k dollar and it was absolutely the drop from the all time high.Now in the past 24-48 hours,the price of the bitcoin going to back the value of 71k dollars.So the traders should use the current halves to get back the profit from it.
I am not saying it is impossible, but still. Around the end of February we bounced from $53k-ish and into the $60ks without hardly looking back, and barely a couple of times revisiting the upper $50ks.. so yeah, maybe we go down, but I am not complaining about where-ever we happen to be in the top 100.. no problema.
The price flow only based on the market change,because the market has the capacity to get back to any value in the short period of time.The traders mostly use the market for the profit gain using their investment of their money.During the halves time,the most valuable asset will be the bitcoin.Because the profit from the market is more in the bitcoin trading compared to the other coins available in the cryptocurrency market.The demand in the bull run was the main cause for the huge variation in the price of bitcoin compared to the normal price change.