Where will $BTC go next?!
As I told before when Bitcoin was below 67k, I said " It will pump up to 73k" It has reached almost 73K, came around 72.8K, not a problem. Now, where it will go next?! Here are some events causing it to move:
1. Whales
2. Halving
3. Correction
4. Pattern
So let's start in order and explain first about
1. Whales who are moving Bitcoin, as we know whales have big funds and they can be in touch with each other and they just crash the market if they have enough funds, Isn't it?
2. As we now, each 4 year we have halving of Bitcoin and this year is one of them, in April 2024 there will be halving after which situation of #BTC will gradually change, What do I mean? After halving it decreases but then to the moon
3. As we can see it is rising but many people are withdrawing their funds from bitcoin and correction happening, which means that it will decrease in price at least few following days, as it is important thing in life of any coin.
4. As a pattern, I mean pattern of movement of pervious year studies. Last year after halving it rised a lot, but before it it went deep down, same thing will happen hopefully this year.
My conclusion consists only 2 action:
BITCION WILL GO DOWN TO 50K
FROM 50K IT WILL GO UP TO 100K
To the moon
