theegxtrader

bitcoin projection after and before halving MUST READ!!!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
The price of Bitcoin increased slightly on Friday, close to its all-time high. This rise is likely due to two reasons. First, hotter than expected inflation in the United States makes Bitcoin more attractive as an investment, because Bitcoin may hold its value better than traditional currencies. Second, there is anticipation of a coming "halving event" which will slow down the creation of new Bitcoin, potentially making existing Bitcoin more valuable.
So we have two forecasts for what could happen before and after the next bitcoin halving as shown :
1. the bitcoin’s price break 73756 level’s making a new ATH then we can slightly notice the fab retracement level to correct at the 77778 level then complete his bullish trend
2. the bitcoin’s price doesn’t break the 73756 level’s which could lead to a bear attack on the bitcoin before halving and two days after halving just to bring liquidity from the imbalance at the 56k level’s then complete his bluish trend.

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