WARNING: BITCOIN MAY FACE A BIG DROP IF THE 60-DAY PATTERN SHORTENS TO 6 DAYS BEFORE THE HALVING

Bitcoin's halving is happening soon, estimated on April 20, 2020. Here's some important info based on past halvings:

1. Before the halving on May 11, 2020, Bitcoin saw a huge drop of about -51.88% in the 60 days leading up to it.

2. After 548 days from the halving, Bitcoin reached a new all-time high, rising by around +710.58%.

What's different this time?

1. Bitcoin has already hit a new all-time high before the halving, unlike before.

2. There's something called a Bitcoin ETF.

3. We haven't seen the same pattern starting 60 days before the halving, but could it happen 6 days before?

It all depends on what happens in the market. If regular people can absorb the price drop, the big players might not have as much power to cause a huge drop.

Based on this info, it's important to prepare our trading strategies and keep a strong mindset, especially for those in Future or Derivative Trading.

What do you think? Share your opinion!

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