Bitcoin bulls will need to navigate a fresh sell-off around the halving, DecenTrader warns, arguing that BTC price action this time around will be no different than usual.
Bitcoin (BTC) should break new all-time highs in 2024 — but the halving will punish bulls first, new analysis says.
In its latest market update released on Feb. 2, trading suite DecenTrader predicted classic “halving year” BTC price behavior.
Bitcoin has around one month of sideways price action before markets begin to react to the upcoming block subsidy halving, DecenTrader believes.
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Source: https://cointelegraph.com/news/bitcoin-sell-the-news-before-2024-btc-price-all-time-high