Bitcoin enters the danger zone before the halving

Bitcoin enters the danger zone before the halving

Bitcoin Halving countdown Begins: In last 3 days, Bitcoin will hit the “Danger Zone”, a critical phase before the Halving event.

Historical Trends: Pre-halving retraces start 10-30 days before the Halving, marking significant price drops.

Past Retraces:

2020 saw -64% drop Before Halving
2016 experienced a -41% plunge
2012 brought 96% withdrawal

Current Scenario:

With 34 days left until the Halving, Bitcoin has already dipped -10% this week.

Halving Date: ~April 18, 2024

Note: This chart just our view and not financial advice.

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