Posted 3/10/2024, 9:04:35 PM
Bitcoin Faces Possible Price Correction in Coming Weeks Before Mid-April Halving Event
- Bitcoin is approaching a "danger zone" about 2-4 weeks before the upcoming halving event, according to analyst Rekt Capital
- Historically, Bitcoin has seen significant price corrections around this timeframe before the halving
- We still have a few more weeks left in the current pre-halving rally
- Even during rally phases, Bitcoin can experience 4% dips and periods of reaccumulation
- The Bitcoin halving is estimated to take place in mid-April
