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Bitcoin price scenarios to consider with approaching BTC halving event
Bitcoin halving is less than 90 days away, and traders can anticipate a post-halving correction of 7% to 30% within a month. Bitcoin price could hit its market top between April and October 2025 if BTC follows historical trends from previous halvings. BTC on-chain metrics signal a buy-the-dip opportunity for traders. Bitcoin (BTC) trades sideways around $42,000 on Thursday, recovering slightly from the $42,276 low seen on Wednesday after US Federal Reserve Chair Jerome Powell said that inflation is “still too high” and a March rate cut is not likely. Market participants are likely anxious since the Fed has ... (full story)