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
Yes we have seen, bitcoin market corrected but upto 74 thousand dollar maximum. When the market reached $74,000, we knew very well that the Bitcoin market would reach $80,000 before the Bitcoin halving, but instead, the market began to decline. Currently the market is close to 50 thousand dollars. However, many are predicting that the Bitcoin market may fall below 40,000. However, given the volatility of the Bitcoin market, it is not possible to make a good prediction at the moment, but I still predict that the Bitcoin market may not fall below $50,000. It is also estimated that the Bitcoin market will grow by 2024 and reach a peak and all-time high price of $100,000. But currently the market is in a position to invest, those who have not invested can invest because they may not get such an opportunity.