$BTC

We're in a tricky situation where anything could happen. The halving is coming in about 9 hours, and we see three main possibilities:

#Bitcoin might drop to $58k or even $55k, which could force people who bet on its rise to sell their holdings (worth $3 billion). Then it could shoot up to $70k and even higher.

#Bitcoin could shoot up to $72k first, then drop to $66k. After that, it might stay around that price, build a base of support, and gradually rise. (This is the best-case scenario.)

$BTC might drop below $55k, causing a big loss for investors and a significant decline in other cryptocurrencies, like an extreme bad scenario.

#Megadrop #bitcoinhalving