Update Alert: Bitcoin's current uptrend suggests a potential surge to $71,000 within the next 48 hours. If this level is breached, it could signal further upward momentum toward the $73,000 to $78,000 range. However, historical data indicates a common occurrence of price dips ranging from 5% to 23% approximately 4 to 7 days before a halving event. This pattern was evident during previous halvings: the first in November 2012 saw a 5% decline, the second in July 2016 experienced a 14% drop, and the third in May 2020 followed a similar trajectory. The question now is whether Bitcoin will adhere to this historical trend once more. Stay vigilant.
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