Will Bitcoin’s (BTC) Correction Continue? Bitfinex Analysts Share Short-Term Predictions
16d ago•
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- Bitfinex analysts have shared their new predictions about the price of Bitcoin.
- Following the halving event on April 20, Bitcoin continues to experience a decline, raising questions among investors about when the bottom will be reached and when the rise will begin.
- Analysts suggest that a price consolidation could occur in Bitcoin for up to two months after the halving, stating that general consumers and businesses are better prepared and informed about the basic economic situation compared to previous crypto market cycles.
Bitfinex analysts share new predictions on Bitcoin’s price, suggesting a possible consolidation phase following the recent halving event. The analysis provides insights into the current crypto market dynamics and future expectations.
Bitcoin’s Price Consolidation Post-Halving
Bitfinex analysts have shared their latest predictions on Bitcoin’s price trajectory following the recent halving event. They suggest that Bitcoin could experience a price consolidation phase for up to two months. This prediction is based on their observation that general consumers and businesses are better prepared and informed about the basic economic situation compared to previous crypto market cycles.
Factors Influencing Bitcoin’s Price
16d ago•
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