4th Bitcoin Halving is complete. What to expect now?



Miners now receive half the reward, so they often sell part of their reserves to cover expenses. Yesterday, the price bounced from the liquidity zone, reaching $65k. Then it started reversing. This bounce looks like a dead cat bounce (DCB) caused by a short squeeze, rather than the beginning of a reversal.

There's still a lot of liquidity between $57k-59k, so it's likely that we see another sell-off to this zone. Depending on the market's reaction there, we could witness the formation of a local bottom.
BTC-1,19%
LOOKS0,69%
CAT-4,22%
DCB0,7%
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