đ§Over the next 50-100 days, BTC may show a large increase in price.
â˘This surge will correspond to the cycles of price changes after halving, which happens every four years.
â˘Previous Bitcoin halvings caused a rise to new historical highs a few months after the supply was reduced and new coins were issued.
âď¸This year there is no reason to believe that the situation will not repeat itself.
đĄAfter the US Securities and Exchange Commission (SEC) approved Bitcoin-based exchange traded funds (ETFs) in January 2024, BTC reached a new historical the maximum was at the level of $73,750.
â˘After halving, the cryptocurrency did not show any significant results, however, they can be achieved in the last quarter year. Over the past seven days, Bitcoin has fallen by 8.5%, and over the past 30 days â by 10.47%.
â˘Relative to its historical maximum, BTC lost 20.13%, and its maximum in August reached $65 593.24.
