A reading of the behavior and rates of corrections on Bitcoin from the bottom of 15600$ in November 2022 until now, May 2024.
during this period
There were 5 corrections with a downward percentage ranging from...
From 21% to 22%
- The first correction was dated February 16, 2023 ((a decrease of 22%))
- The second correction dated April 14, 2023
((a decrease of 22%))
Third correction dated July 13, 2023
((decrease by 22%))
-Fourth correction dated January 11, 2024
((a decrease of 21%))
- Fifth correction dated March 13, 2024
((A decrease of 21.5% so far))
This gives us an idea that we are close to the end of the current correction, God willing
We are waiting for the end of the federal session and the decision will be issued, and I expect interest rates to be fixed, after which the market will take a horizontal and upward path, God willing.
It is expected according to our view of the market, God willing