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Given the fall in the price of bitcoin, the analyst known as Tarek OnChain emphasizes that this movement "is normal" before the halving. “There is no need to be alarmed, since this scenario is constantly repeated in each cycle, although with variable percentages," he adds. In the last two halvings, the price of bitcoin registered a drop of 40% and 20% respectively. And, after the all-time high of USD 73,700 reached a month ago, it has shown a decline of around 16%. Such a scenario takes place while the next halving, an event that reduces the issuance of bitcoin by half every approximately four years, is scheduled for this Saturday, April 20.$BTC

Given the fall in the price of bitcoin, the analyst known as Tarek OnChain emphasizes that this movement "is normal" before the halving. “There is no need to be alarmed, since this scenario is constantly repeated in each cycle, although with variable percentages," he adds.

In the last two halvings, the price of bitcoin registered a drop of 40% and 20% respectively. And, after the all-time high of USD 73,700 reached a month ago, it has shown a decline of around 16%.

Such a scenario takes place while the next halving, an event that reduces the issuance of bitcoin by half every approximately four years, is scheduled for this Saturday, April 20.$BTC

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