Hello everyone, investors, and traders!
We're getting close to the Halving event. Just like four years ago, Bitcoin tends to decrease in value about 30 days before the Halving. Last time, it dropped by 65%, then started rising again. Right now, Bitcoin is probably starting to drop again, but that's okay.
For investors, it's a good time to buy while prices are low before they go up again. For traders, it's a good time to sell high and wait for prices to drop further before buying back. Bitcoin currently faces resistance at around 62k, with stronger resistance between 60k-60.5k. If it drops below 60k and stays there, it could fall further to 50k this weekend. This could also affect meme coins and alternative coins like $BOME and $PEPE, which are likely to fall too. Remember, despite what people say, history tends to repeat itself, so be cautious. Smart decisions now can lead to gains in this historic time. Cheers!
