Bitcoin BTC price starts a pre-halving correction?

1 Apr

On April 1, the BTCUSDT price started with a "humorous" correction.

In general, April promises to be quite interesting and provide "many answers."

During the likely long-awaited correction, it will be necessary to closely monitor such indicators as BTC.D and USDT.D:
- It will be possible to trace where the capital that previously entered the cryptocurrency market through the purchase of BTC by large players is flowing.
- It will be possible to track which "industry's" altcoins are best held and bribed.
Do you think there is something more interesting to invest in the cryptocurrency market than various memecoins?)

And on April 19, 2024, the long-awaited "BTC halving" is to take place.
The halving of the reward for a mined block from 6.25BTC to 3.25BTC will reduce the supply on the market in the medium and long term.

If we compare the growth dynamics of the BTCUSD price in 2024, we will see that it is more similar to 2021 than to the previous years when halving took place - 2020 and 2016.

What are your goals for the Bitcoin price movement in April 2024?

We would like to see a correction at least to $65 thousand, or even better, a drop in the BTCUSDT price $58400-59100

But there is also the $78000 mark, which would also be good to test for strength, the only question is when)
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more

2 Apr

Trade aktif

The first goal of $ 65k per BTC has been reached ✔️
Where #BTCUSDT price go next 🔀 ?
↗️ Do we grow according to the blue scenario 🔵 ?
↘️ do we fall down the channel according to the red scenario 🔴 ?

5 Apr

Catatan

It's been 4 days since the beginning of the month and the publication of this idea. And now, according to the wave analysis, a picture emerges that $58400-59100 is still an achievable target for the BTC price

14 Apr

Catatan

BTC = $59-60k ✅ done (depending on the exchange)
Do you believe that the correction is over, and the price will not go any lower?