🚀 Bitcoin (BTC) has fallen below $61,000 after experiencing sustained upward momentum in recent weeks. Analysts think this correction is necessary before the halving.
📉 According to CryptoPara, 220 billion dollars were lost in just two days. But then the trend changed with the US FOMC meeting.
🔮 According to Rekt Capital, BTC entered the "Danger Zone" and declines began before the halving. A post-halving rally could push the BTC price to new highs.
📈 According to Trader Tardigrade, previous halvings have seen increases of 9,000%, 4,000% and 700%. This fourth halving could provide a 200% return that could push BTC's price to $200,000.
🧐 BTC and altcoins have recouped most of their losses, but the crypto community is worried about further corrections. Analysts recommend staying calm during corrections.