🚀 Attention crypto enthusiasts! Bitcoin (BTC) could hit new all-time highs in 2024, but first, the halving will punish bulls, according to a DecenTrader analysis. These are the key points:
- An increase in BTC purchases is expected around two months before the halving, estimated for April 18.
- Then, there could be another "sell the news" event, similar to the launch of Bitcoin ETFs last month.
- Anticipation among speculators could push BTC/USD to two-year highs of $49,000 before a sell-off.
- Afterwards, the path would open for the price to reach new all-time highs before the end of 2024.
Do you think the Bitcoin halving will affect the price in the same way as on previous occasions? Share your opinions in the comments! 💬
