Bitcoin halving is very close and only three months to go and surely this event have great impact on the market as just ETF had. The market that rose from $28K to $49K was the effect of the ETF approval as insider news.

After that when market reached its high level then there investors start selling which is as usual selling the news.

Now we have only three months away from halving and surely this is another good news which will give some good pump to the market. The Bitcoin drop from $49K to $39K is around 30% drop which is huge correction.

RSI indicator is below 30 and thats the good level for buying now. I think the market from here will reflect back and will go to make another high.

This time may be reaching its all time high because of the Bitcoin halving. All the investors were waiting for the good correction and that is done.

The Halving Effect

Now is the good time to buy because surely the market will go up again. The same case may be happen with the #bitcoin as it happened with the news of ETF approval.

Investors and whales did their buying as insider news and start selling after the event. The same may happen to the Bitcoin halving that from this level the market may start go up and then a good selling pressure comes right after halving.

Anyway, this is not a financial advice but my knowledge and experience. Do you own research before buying and selling your coins.

What do you people think about #Crypto market? Will it go up again? Do you think Bitcoin halving will help market go up? Will be glad to see your answers in the comment section.

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