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Event ends: August 9, 16:00 UTC
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Entering the Danger Zone
Countdown Begins: In last 3 days, Bitcoin will hit the "Danger Zone", a critical phase before the Halving event.
Historical Trends: Pre-halving retraces start 10-30 days before the Halving, marking significant price drops.
Past Retraces:
2020 saw -64% drop Before Halving
2016 experienced a -41% plunge
Current Scenario:
With 34 days left until the Halving, Bitcoin has already dipped -10% this week.
Halving Date: ~18/04/2024
Note: This Chart just My view Not Financial Advice.