Analyst: This is what can be expected from Bitcoin price before the next halving in April 2023
17 Mar 2023 10:18 PM
Bitcoin is still the flagbearer of the crypto industry, and a lot is expected out of the biggest cryptocurrency in the world. While BTC has not been a...
- Bitcoin price historically breaks macro downtrend 365-397 days before halving
- Next halving scheduled for April 2023, within expected range of breakout
- BTC performing well on micro-scale, reinforcing Bitcoin season
- Altcoins not performing as well, market regressing to Bitcoin season
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The article presents a positive outlook for Bitcoin, suggesting that it may be on the verge of repeating a successful pattern before the next halving in 2023. The micro-scale performance of BTC is also highlighted as a positive sign, although the article notes that altcoins are not performing as well.
What is the expected range for Bitcoin to break out of the macro downtrend before a halving?
When is the next Bitcoin halving scheduled?
How has Bitcoin been performing on the micro-scale?
What is required for the altcoin season to arrive again?
What is the historical price increase for Bitcoin after breaking out of the macro downtrend before a halving?