When will $BTC and other coins start their bullish move again?
If you’ve followed my posts or know me, you’ll know I don’t buy into rumours. Some people claim BTC will drop below $50k before the halving, and they’re waiting to buy.
A friend of mine, who holds more Bitcoin than I do, sold off around $68k-$70k, planning to buy back below $40k.
He’s not a newbie—he’s a certified financial advisor with years of experience.
But I told him directly that his thinking is wrong. Bitcoin won’t drop below $40k, not even $45k.
. In fact, there’s
60% chance that Bitcoin could hit $100k by November
So, what’s the point of saying this? If you look closely, you’ll notice a decrease in cash inflow into Bitcoin ETFs and fewer transactions on the Bitcoin network compared to last month.
It’s like everyone is waiting for something. This is typical in financial markets before a significant event. The event in question is the BTC halving. Once it happens, everyone will rush to invest, and we might see a sudden pump.
However, I’m not suggesting you trade with leverage during the halving, as the market will be more volatile than ever.
Those trading with Binance API/Fix API and institutional setups might profit, but this isn’t for the average investor. The market could move drastically in seconds.
If you’re holding Bitcoin or any other solid crypto (as long as it’s not a scam project focused on selling coins and raising money), just keep holding.
As I’ve mentioned in previous posts, Bitcoin influences the entire crypto market, so altcoins will also pump. Some could even see 50x gains. (I’ve shared a list of good coins a few weeks ago.)