Bitcoin's Post-Halving Price Update! 📉

Fellow traders, Bitcoin is grappling to maintain its position above 60k, slipping from 67k to 62.5k post-halving, despite experts estimating the average mining cost to be around $53,000 per BTC. ❗️

It's evident that Bitcoin, being the most valuable cryptocurrency, often sees manipulation, particularly affecting weaker traders with limited investments. Even minor price dips of 2 to 5 percent can trigger panic selling among them. 👀💰

While the current price movement defies market expectations, the big question looms: How long will this downturn persist? With Bitcoin's supply becoming increasingly scarce, will the demand wane? 🥸

As of now, bears seem to have the upper hand since the halving event. Yet, the bulls are gearing up for a sustained rally. 🥳

Share your thoughts and insights in the comments below! Your perspective matters.#Megadrop #BinanceLaunchpool #ScamRiskWarning #bitcoinhalving #BullorBear