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In today’s “insights and predictions made by people much smarter than us” news…
Remember last week we talked about the pattern that certain big minds expect to see play out in the crypto market?
The one where, in the lead-up to Bitcoin’s halving in 2016 and 2020, the price of BTC saw a 40-50% price drop from its then recent highs.
Yes, more and more people are voicing their support for this theory. Today’s support comes from More decenteredwhich predicts:
“Bitcoin has about 30 days from now to wander through the corrective phase before finding the expected FOMO demand.”
Translation: BTC will be a bit choppy throughout February (and could take a dip), but expect people to start buying again/pushing the price up in March.
And you know what – in all honesty – we wouldn’t be upset if that happened.
(We love a good bargain).
