🔥🚀Bitcoin is counting the days to Halving: Is the rise starting?
While the completion of the Bitcoin (#BTC ) halving is a short time away, the market activity has not escaped attention.
Bitcoin (BTC), which recently issued an Deceleration, had come up to $ 60,800. Then the halving excitement, which started again, pulled the price up day by day. The pioneer of cryptocurrencies, which left the minor resistance levels behind one by one, added a positive atmosphere to the sector. Halving is on average 25 days away. So how can this development affect the Bitcoin price?
#Halving will create volatility in Bitcoin with its effect!
Halving, which is usually interpreted as an upward price movement, also shows its effect in this process. Since the end of the spot BTC ETF agenda, the halving issue, which took the flag in hand, has had a very positive impact on the BTC price. Counting down the days to halving, Bitcoin has surpassed $ 70,000, which is an important threshold both psychologically and technically, with this development.
Although the current elements bode well, it is necessary not to give up attention. With the positive atmosphere created by Halving, many crypto investors are caught up in FOMO. With more than twenty days until the Bitcoin halving, we may be faced with critical developments. For example, a significant and good development that may come about in the sector may move the price above $ 80,000 in a short time due to the FOMO effect. But, fud, with the arrival of news, we can test for under $ 60,000. In short, crypto investors should be more careful in this process.
