Current situation and expectations in the Bitcoin market

The Bitcoin market is facing a lot of speculation and uncertainty with 48 hours left until the halving. Last week, the cryptocurrency market experienced large-scale liquidations due to macroeconomic factors.

While Bitcoin price is around $61,255, altcoins are also under selling pressure. Market analysts suggest that the market will move slowly under current conditions.

Halving and market expectations

While halving usually indicates a positive bullish signal for Bitcoin, this year's dynamics appear to be more complex. There are signs that Bitcoin may experience a market decline after the halving. Investors and market observers remain cautious before and after this important event.

Movements of miners and whales

The actions of whales and Bitcoin miners play an important role in determining the direction of the market. When whales transfer large amounts of Bitcoin holdings from exchanges to their wallets, this usually indicates long-term holding and can support optimism. However, transfers to exchanges may indicate a liquidation in the near future.

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