Bitcoin halving is just a matter of days away, check out Bitcoin price trends in April 2024
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Bitcoin halving is just a matter of days away, check out Bitcoin price trends in April 2024
After dropping to the level of USD 60,800 on Wednesday, March 19 2024 last week, Bitcoin (BTC) recovered and reached levels above USD 70,000 at the beginning of this week.
The increase in Bitcoin has reached 14.24% from the opening price of BTC at USD 62,168 on March 1 2024. Meanwhile, if you look at it since the beginning of the year, BTC has risen by 64.96% from the opening price at USD 42,280 on January 1 2024.
“Bitcoin has the potential to continue its positive trend until closing March 2024 positively. “If this happens, this will be the seventh consecutive closing, starting in September 2023, indicating the consistency and resilience of the Bitcoin market in facing various market dynamics,” said Ajaib Crypto Financial Expert, Panji Yudha in an official statement, quoted Saturday (30/3/ 2024).
Panji continued, BTC rose again above the USD 70,000 mark in trading Monday, March 25 2024 and on Tuesday March 26 2024 morning at 08:00 WIB. At that time, Bitcoin was at USD 69,898, up 4.99% in the last 24 hours.
“The potential for BTC to test the all-time high area of USD 73,000 can occur if it is able to stay above the support of USD 69,000. However, if there is a decline below this support level, BTC has the potential to weaken to around USD 66,000,” said Panji.
Bitcoin halving is just a matter of days away, check out Bitcoin price trends in April 2024
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