At press time, the altcoin’s price stood at $1.12 following | Divine BTC on Binance Square

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At press time, the altcoin’s price stood at $1.12 following a 1.35% drop in the past 24 hours.

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From TechDev’s observation, the anticipated top of the upcoming cycle will happen before the Bitcoin halving event. An event that is expected to occur between April and May 2024. If that becomes the case, it will represent a slight departure from how the price cycle played out over the years. In the past, despite increased volatility ahead of the halving event, the price cycle terminated after the halving proper, not before it.

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Several other respondents expressed their excitement over TechDev’s Bitcoin analysis. Some added their opinions to support the analyst’s observation, anticipating the Bitcoin price to rally soon.

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