Bitcoin halving .. coming crash before we start the big bull run
New high is
73K
and we are already broke the support what does it mean?
We are in the huge correction into before and during the halving days. We are in 2 days so means we are now in Pre-Halving which means big drop is coming.
Example: recent bull run was back in 2021 in July was around $60K so cut that in half for the halving and it dipped into around $30K area and then we made a new high at $68K.
So this is how bitcoin halving works; since we made all time high
73K
cut that in half which means
42K
-$43K is the half of the amount for the halving.
Highly suggest ( DO NOT BUY IT ) Buy it until the halving begins and wait until the big drop finished and halving completed which will make the price cheaper.
If buying it early then I suggest wait until drop about $50K and then go all in buy around the $40K area and hold it from there.
Buy bitcoin:
41950-43900 area
Take profit: $100-150K
No need for stop loss for the long term buy even if you have your own Coinbase even crypto.com just buy those zones and hold it and sell the high.
This is very simple of how others became too greedy and lost nearly everything for not selling the high and keep the profits that you had made
73K
and we are already broke the support what does it mean? We are in the huge correction into before and during the halving days. We are in 2 days so means we are now in Pre-Halving which means big drop is coming.
Example: recent bull run was back in 2021 in July was around $60K so cut that in half for the halving and it dipped into around $30K area and then we made a new high at $68K.
So this is how bitcoin halving works; since we made all time high
73K
cut that in half which means
42K
-$43K is the half of the amount for the halving. Highly suggest ( DO NOT BUY IT ) Buy it until the halving begins and wait until the big drop finished and halving completed which will make the price cheaper.
If buying it early then I suggest wait until drop about $50K and then go all in buy around the $40K area and hold it from there.
Buy bitcoin:
41950-43900 area
Take profit: $100-150K
No need for stop loss for the long term buy even if you have your own Coinbase even crypto.com just buy those zones and hold it and sell the high.
This is very simple of how others became too greedy and lost nearly everything for not selling the high and keep the profits that you had made
