Here are five reasons why some believe that $BTC is headed towards $12k:
1. Bitcoin Halving: The upcoming halving event is anticipated to push the price to its all-time low.🧩
2. Historical Trend: Bitcoin tends to experience crashes after reaching new all-time highs.💠
3. Timing: It's not yet the anticipated bull run of 2025.🧳
4. Altcoin Behavior: The lack of significant movement in altcoins suggests a bearish sentiment.🌏
5. Potential Whale Activity: There's speculation that whales may initiate substantial sell-offs once BTC surpasses $69k.🔇
However, it's essential to approach these reasons with caution and conduct thorough research before making any investment decisions. 🌐🧳🏮
Note: The cryptocurrency market is volatile, and outcomes are never guaranteed.