📢📢📢With the Bitcoin halving approaching, there's a noticeable pressure on the market as BTC struggles to maintain $66K. Here's what could unfold:
1. Large investors, or "sharks and whales," are likely waiting for panicked selling to scoop up Bitcoin at lower prices. They might be fueling uncertainty with rumors like the exaggerated sale of 30,000 BTC.
2. BTC might dip further, potentially reaching $62.8K, prompting weaker investors to sell. However, this could set the stage for a significant rally.
3. Historically, halving events start with a downturn, followed by a period of stability before a major surge. This time, the market seems to be teasing those patterns, adding an amusing twist to the drama.
Be prepared for surprises after selling BTC, as timing the market can be unpredictable. Remember, technical corrections might not be necessary at this juncture. Stay cautious and stay informed!
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