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Rekt Capital: Bitcoin will fall before halving, with a historical maximum adjustment of 40%

Rekt Capital: Bitcoin will fall before halving, with a historical maximum adjustment of 40%

CointimeCointime2024/03/20 05:37
By:Cointime

On March 20th, it was reported that before the halving in April, Bitcoin miners will soon enjoy the last month of subsidies of 6.25 Bitcoins per block. Rekt Capital analyzed in detail the risks that current Bitcoin holders will face in the future. Rekt Capital stated that within 2 days, Bitcoin will officially enter the "danger zone", and historical corrections have already begun before the halving. In past halving years, this "danger zone" has produced corrections as high as 40%, far exceeding the maximum drawdown from the recent historical high of about $73,700.

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