Crypto Expert Predicts 30% Bitcoin Plunge Ahead of Halving Event

April 17, 2024
Crypto Expert Predicts 30% Bitcoin Plunge Ahead of Halving Event
  • Cryptocurrency expert Cold Blooded Shiller predicts a 30% drop in Bitcoin value to $51,000 amid market instability.

  • Bitcoin's recent 7% decline to $63,170 is linked to geopolitical unrest, the impending Bitcoin Halving on April 19, and macroeconomic concerns.

  • Historical trends suggest Bitcoin's price could see substantial changes following the Halving event.

  • Altcoins such as Ethereum, Solana, and Binance Coin may see price surges due to the halving, presenting lucrative investment opportunities.

  • The current market consolidation phase offers a chance for investors to potentially profit from rising altcoin values.

Summary based on 183 sources


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