Greetings to all readers of this great platform, especially to those who make life within the great community of #ProjectHOPE, in the present opportunity I want to share with you information related to the Bitcoin and its current market behavior, where it is in a zone of struggle against the resistance of its historical maximum and is emerging victorious from it, even with some natural setbacks but victorious at the end of the day.
 Screenshot taken at: Coingecko |
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First of all we must say that, at the time of making this article the Bitcoin managed to overcome its historical maximum, by a few dollars but it achieved it after more than 2 years with a market nothing favorable until the current moments, really achieving a feat that is expected to happen so soon, this due to the particularities that the crypto market has shown for many years, and where it repeats many things in each of the cycles.
Taking this into consideration it is necessary to analyze first of all the market in its previous cycles, as it usually respected the behavior of waiting for the Bitcoin Halving to start its bullish run and overcome all the resistances faced in the crypto market, but it had never been seen that this started to happen before the arrival of the Halving, a very particular situation that is happening at the present time.
A few hours ago today, March 8, 2024, the Bitcoin achieves again the epic comeback of the market and exceeds once again its historical maximum, even though it is only by a few dollars it has already achieved it, but there are still many things to happen, at the moment the Halving has not yet arrived, being a situation that usually increases more than 30% its market value, besides being just beginning what is considered as its bullish cycle.
With this situation as it is being raised in the crypto market, we can really expect many positive things, besides it a strong increase in its value and a great moment for the crypto market and its tokens, besides the moment that was raised the possible overcoming of the 100k in the price of the Bitcoin market, for this present bull market is observed as something very possible and we can be talking about it happening in the middle of the year approximately, it is only a matter of a few months to see a great crypto market.
