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Bitcoin seeing a retracement prior to halving

lieutenantdan - 2024-03-18 21:15:45

This might end up being a good thing


The price of bitcoin was due for a correction, but it's better that it happens now than later.


We were either going to correct prior to the halving or post halving.


With the combined effects of demand and lower new supply, running up after the halving likely results in higher prices.


This is what we have right now:


image.png


(Source: https://twitter.com/BitcoinNewsCom/status/1769763192094490929/photo/1)


Bitcoin setting up for a dip now, and then bottoming out prior to the halving which catapults the price much higher.


I am going to be buying this dip, are you?