Crypto Blog
Bitcoin is currently found trading at around $43,000 and trading within a range between $40K and $48K since the beginning of December. This takes place less than a month after a landmark decision by the United States Securities and Exchange Commission to approve a spot Bitcoin exchange-traded fund .gives an opinion and an outlook on what’s currently going on with BTC and where it might be headed in the not-so-distant future.
Analyzing its potential impact on the price, DecenTrader says that if we are to assume buying interest sometime before the happening: In addition, the analysts also say that the downside risk is somewhat limited precisely because of the halving.The analysts outline that they believe this cycle will be no different from previous ones and that cryptocurrency historically takes 220 to 240 days following the halving to break a new all-time high.