What could be the next movement of Bitcoin?

Bitcoin is a digital currency whose exact price increase or decrease cannot be guaranteed, but rather predictable. Although the price of Bitcoin was very low last year, since the beginning of this year when the spot Bitcoin ETF was approved, the price of Bitcoin started to rise and again in March of this year, the price of Bitcoin reached the highest level in history, but in the last few days, the massive increase of Bitcoin has surpassed all previous records. It also achieved an all-time high. Every year especially the year that Bitcoin halving is completed the fourth quantum i.e. November December is very important especially for Bitcoin. During this time the price of Bitcoin has seen a huge increase which we have seen recently and currently the price of Bitcoin is trading between $910000. Where Bitcoin reached its all-time high a few days ago and created a new all-time high. But this too will not hold for long and Bitcoin is expected to make new all-time highs again very soon and it may make new all-time highs again and again till 2025.

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However, there is no end to the speculation about the price of Bitcoin. For example, there is no end to speculation about whether it will take a correction from the current position or will rise again from this position. However, I think Bitcoin price could make a new all-time high in the coming weeks. If we look at the chart of Bitcoin 2020 during the last Bitcoin half, it can be seen that during the bull run, Bitcoin pumped 26‰ after breaking its All Time High $19700 level. Then for about 1 week the market was moving in the same place and traded sideways. Then comes the real game. Because after 1 week from that position the market moved to $40000 and there it created a new all-time high.

Now if we compare the chart of Bitcoin during the last Bitcoin Halve with the current one, we see a very similar situation. During the last bitcoin halving, it was in a similar position to the current one. If we look at the market currently, it appears that the price of Bitcoin is trading in a somewhat similar position. If we now consider this year's bull run, we can see that the market is in exactly the same position as in 2020, trading in the same sideways manner. First broke $69000 All Time High in 2020 and then pumped 28‰. Similarly, sideways is going on for 1 week now. That means if this current market position repeats the history of the last bitcoin halving then we are going to see something good and maybe the price of bitcoin may go to $120000 rather than going down. But if history repeats itself then this price can be reached but exceptions may happen as this is the crypto market. Which is mainly known for its instability.

This is just an estimate based on the charts seen during the last bitcoin halving. So you can also analyze judgments without believing them to be completely correct. Because many things in these markets cannot be said correctly and cannot be guessed correctly. But if history repeats itself, I think this is what will happen. So caution should be exercised and wisdom considered while trading during this period. If history doesn't repeat itself, Bitcoin may take a small correction. In that case, it is natural that the price of other coins besides Bitcoin will decrease a lot. But hopefully we will see Bitcoin price above $100,000 very soon.