Bitcoin’s Post-Halving Decline Mirrors 2015-2017 Trends with a 20% Drop to $49,000

The post-halving price action of Bitcoin is following the patterns similar to the 2015-2017 period very closely. The cryptocurrency, which had earlier touched a high of $61,000, fell sharply to $49,000, a 20% drop. Past trends indicate that the same has happened in previous cycles which gives reference to current market anticipations. In the second halving of […] source: https://www.thecoinrepublic.com/2024/08/06/bitcoins-post-halving-decline-mirrors-2015-2017-trends-with-a-20-drop-to-49000/