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Even if Bitcoin (BTC) reaches $67,000, a correction is likely coming, bringing the price down to the $45,000-$50,000 range.
Here's the reality:
$BTC likely won't break $70,000 without a price dip first. Expect consolidation between $60,000 and $70,000 for a few days. Then, a move towards $50,000 is possible. Hold your horses and wait! Look for signs of market sentiment. whales don't seem keen on buying $BTC at this price. They'll likely wait for a dip.
Past halving show us no sudden price drops or skyrocketing to all-time highs (ATH). Whales enter when the price goes down, finding a comfortable buying zone. And it seems like that time might be sooner than expected.
Let's see how things unfold!
This is not financial advice. Always do your own research (DYOR) before investing. #BTC 🔥🔥🔥🔥🔥 #bitcoinhalving#FOMO