🔥💥💥Where will it be?$ BTC following? 💥💥🔥
🛑Up or down? 🛑Back when#Bitcoin it was below $67,000, I predicted it would rise to $73,000. It almost reached $73,000, approaching $72,800. Now what's next?
Let's look at some things that could make Bitcoin move:
1⃣ Whales: They are large investors who can affect the market by buying or selling large amounts of #Bitcoin.
2⃣ Reduce by half:#Bitcoin The supply is reduced by half every four years. This year, in April 2024, it will be reduced by half. After halving, the price of Bitcoin could go down at first, but then it could go up a lot.
3⃣ Correction: Although#Bitcoin The price has been rising, many people are withdrawing their money, causing a correction. This means that the price could drop for a few days, which is normal for any cryptocurrency.
4⃣ Pattern: We can look at past years to see how Bitcoin moved. Last year, after being halved, its price rose a lot. But before it was halved, it fell. Maybe this year the same thing will happen.
My conclusion is simple:💥🔥
#Bitcoin will drop to $50,000.
Then it will increase to $100,000.