Is Bitcoin Meeting Pre-Halving Rally Expectations? đ
Bitcoin's price hovers near $36,500, nearing a crucial #Fibonacci retracement level that could signal the end of its pre-halving surge.
Titan of Crypto reaffirms his year-old prediction of a $50,000 pre-halving target, emphasizing the importance of patience. $39,000 serves as a pivotal boundary, marking the lower end for BTC/USD before the April 2024 block subsidy #halving .
Several analysts, like Filbfilb, also align with targets around $46,000 pre-halving, while future post-halving forecasts indicate bullish sentiments, with projections soaring to $130,000 or more by 2025.
Amidst ongoing market stability around $36,500, a potential #correction floor at $30,900 is discussed as a healthy move in Bitcoin's upward trajectory.
