Post
Topic
Board Speculation
Re: Will BTC go back to $40K - $30K range before a bigger rally?
by
Crypto5060
on 28/05/2024, 22:50:50 UTC
Absolutely! The halving event is a significant milestone in Bitcoin's cycle, and it has historically led to increased prices and market excitement. With the next halving scheduled for 2024, I think it will play a crucial role in shaping BTC's price trajectory. The reduced supply of new coins entering the market, combined with sustained demand, could lead to a supply squeeze and upward pressure on prices. Of course, there are many other factors at play, but I believe the halving will be a key catalyst for the next major rally."