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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