{"id":601225,"date":"2024-04-03T16:30:37","date_gmt":"2024-04-03T16:30:37","guid":{"rendered":"https:\/\/uniquehot.com\/?p=601225"},"modified":"2024-06-11T08:30:03","modified_gmt":"2024-06-11T08:30:03","slug":"bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/","title":{"rendered":"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?"},"content":{"rendered":"

Bitcoin prices are volatile, recently dropping from the peak of over $73,000 in March to the current spot levels. Analysts are turning to historical data for insights with mounting selling pressure and some investors being concerned about potential short-term losses. This historical analysis is crucial in determining whether we’ve reached a market top or if this is just a temporary pause before the trend resumes.<\/span><\/p>\n

Will The Depth Of This Correction Depend On This?<\/span><\/h2>\n

In a post on X, one analyst <\/span>said<\/span><\/a> the depth of the current correction will largely depend on whether Bitcoin is “parabolic” or not. Whenever an asset registers “parabolic” prices, it means valuation has increased sharply, and, at some level, analysts think it is unsustainable.<\/span><\/p>\n

\"Bitcoin
Bitcoin price action | Source: Analyst on X<\/figcaption><\/figure>\n

In that case, prices tend to cool off later, but after key resistance levels and even all-time highs have been broken. If this is the case, then the current cool-off could suggest the formation of a potential “first cycle top” at the March 2024 all-time high of $73,800. <\/span><\/p>\n

Related Reading: Bitcoin ETF Outflows Are Ramping Up Again, What Does This Mean For BTC Price?<\/a><\/div>\n

This formation will be similar to those seen in April 2013 and 2021.
\n<\/span><\/p>\n

\"Bitcoin<\/a>
Bitcoin price trending lower on the daily chart | Source: BTCUSDT on Binance, TradingView<\/a><\/figcaption><\/figure>\n

However, in another scenario, traders should expect a different arrangement, assuming the recent price growth wasn’t unsustainable or parabolic. Assuming this is the case, Bitcoin will likely continue bleeding and revisit established support levels. <\/span><\/p>\n

The analyst predicts a possible correction to as low as the $53,600 support in the coming sessions. T<\/span>his retracement, the analyst continues, will allow the formation of a “smoother curve like 2016 – 2017.”<\/span><\/p>\n

The Influence Of Bitcoin Halving<\/span><\/h2>\n

Aside from this assessment, another analyst is roping in the concept of the Bitcoin pre-halving cycle. Usually, and looking at historical formations, prices tend to collapse leading up to the halving<\/a> event, which is set for the third week of April.\u00a0\u00a0<\/span><\/p>\n

In a post on X, the analyst\u00a0<\/span>said<\/span><\/a> the current rejection and the failure of bulls to push prices higher suggest that the coin might consolidate between $60,000 and $70,000 in the coming weeks.<\/span><\/p>\n

\"BTC
BTC in pre-halving cycle | Source: Analyst on X<\/figcaption><\/figure>\n

Bitcoin continues under pressure and will likely register even more losses in the days ahead. Based on the daily chart formation, BTC prices are trending below the middle BB. Notably, it is finding strong rejection from the $71,700 zone. <\/span><\/p>\n

Related Reading: Canine Comeback? KNINE Brushes Off 50% Loss, Gets Listed On Major Exchange<\/a><\/div>\n

Even though the uptrend remains, buyers will only be in control should prices rise, reversing current losses, preferably with increasing participation levels.<\/span><\/p>\n

Feature image from DALLE, chart from TradingView<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin prices are volatile, recently dropping from the peak of over $73,000 in March to the current spot levels. Analysts are turning to historical data for insights with mounting selling pressure and some investors being concerned about potential short-term losses. This historical analysis is crucial in determining whether we’ve reached a market top or if this is just a temporary pause before the trend resumes. Will The Depth Of This Correction Depend On This? In a post on X, one analyst said the depth of the current correction will largely depend on whether Bitcoin is “parabolic” or not. Whenever an asset registers “parabolic” prices, it means valuation has increased sharply, and, at some level, analysts think it is unsustainable. In that case, prices tend to cool off later, but after key resistance levels and even all-time highs have been broken. If this is the case, then the current cool-off could suggest the formation of a potential “first cycle top” at the March 2024 all-time high of $73,800. Related Reading: Bitcoin ETF Outflows Are Ramping Up Again, What Does This Mean For BTC Price? This formation will be similar to those seen in April 2013 and 2021. However, in another scenario, traders should expect a different arrangement, assuming the recent price growth wasn’t unsustainable or parabolic. Assuming this is the case, Bitcoin will likely continue bleeding and revisit established support levels. The analyst predicts a possible correction to as low as the $53,600 support in the coming sessions. This retracement, the analyst continues, will allow the formation of a “smoother curve like 2016 – 2017.” The Influence Of Bitcoin Halving Aside from this assessment, another analyst is roping in the concept of the Bitcoin pre-halving cycle. Usually, and looking at historical formations, prices tend to collapse leading up to the halving event, which is set for the third week of April.\u00a0\u00a0 In a post on X, the analyst\u00a0said the current rejection and the failure of bulls to push prices higher suggest that the coin might consolidate between $60,000 and $70,000 in the coming weeks. Bitcoin continues under pressure and will likely register even more losses in the days ahead. Based on the daily chart formation, BTC prices are trending below the middle BB. Notably, it is finding strong rejection from the $71,700 zone. Related Reading: Canine Comeback? KNINE Brushes Off 50% Loss, Gets Listed On Major Exchange Even though the uptrend remains, buyers will only be in control should prices rise, reversing current losses, preferably with increasing participation levels. Feature image from DALLE, chart from TradingView<\/p>\n","protected":false},"author":384,"featured_media":599685,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,14618,8856,679,1119,1122,78790],"class_list":["post-601225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-bulls","tag-bitcoin-halving","tag-bitcoin-price","tag-btc","tag-btc-price","tag-btcusdt"],"acf":[],"yoast_head":"\nBitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?<\/title>\n<meta name=\"description\" content=\"Bitcoin remains under pressure. One analyst thinks the coin, if the retracement continues, might fall to as low as $53,600\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?\" \/>\n<meta property=\"og:description\" content=\"Bitcoin remains under pressure. One analyst thinks the coin, if the retracement continues, might fall to as low as $53,600\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-03T16:30:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:30:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dalmas Ngetich\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Dalmas_Ngetich\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dalmas Ngetich\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/\"},\"author\":{\"name\":\"Dalmas Ngetich\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586\"},\"headline\":\"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?\",\"datePublished\":\"2024-04-03T16:30:37+00:00\",\"dateModified\":\"2024-06-11T08:30:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/\"},\"wordCount\":475,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024\",\"keywords\":[\"bitcoin\",\"bitcoin bulls\",\"Bitcoin Halving\",\"bitcoin price\",\"btc\",\"btc price\",\"BTCUSDT\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/\",\"url\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/\",\"name\":\"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024\",\"datePublished\":\"2024-04-03T16:30:37+00:00\",\"dateModified\":\"2024-06-11T08:30:03+00:00\",\"description\":\"Bitcoin remains under pressure. One analyst thinks the coin, if the retracement continues, might fall to as low as $53,600\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"Bitcoin price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586\",\"name\":\"Dalmas Ngetich\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g\",\"caption\":\"Dalmas Ngetich\"},\"description\":\"Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/dalmas-ngetich-40a67a147\/\",\"https:\/\/x.com\/Dalmas_Ngetich\"],\"url\":\"https:\/\/uniquehot.com\/author\/dalmasngetich\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?","description":"Bitcoin remains under pressure. One analyst thinks the coin, if the retracement continues, might fall to as low as $53,600","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?","og_description":"Bitcoin remains under pressure. One analyst thinks the coin, if the retracement continues, might fall to as low as $53,600","og_url":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-04-03T16:30:37+00:00","article_modified_time":"2024-06-11T08:30:03+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Dalmas Ngetich","twitter_card":"summary_large_image","twitter_creator":"@Dalmas_Ngetich","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Dalmas Ngetich","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/"},"author":{"name":"Dalmas Ngetich","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586"},"headline":"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?","datePublished":"2024-04-03T16:30:37+00:00","dateModified":"2024-06-11T08:30:03+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/"},"wordCount":475,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024","keywords":["bitcoin","bitcoin bulls","Bitcoin Halving","bitcoin price","btc","btc price","BTCUSDT"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/","url":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/","name":"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024","datePublished":"2024-04-03T16:30:37+00:00","dateModified":"2024-06-11T08:30:03+00:00","description":"Bitcoin remains under pressure. One analyst thinks the coin, if the retracement continues, might fall to as low as $53,600","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024","width":1792,"height":1024,"caption":"Bitcoin price"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586","name":"Dalmas Ngetich","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g","caption":"Dalmas Ngetich"},"description":"Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.","sameAs":["https:\/\/www.linkedin.com\/in\/dalmas-ngetich-40a67a147\/","https:\/\/x.com\/Dalmas_Ngetich"],"url":"https:\/\/uniquehot.com\/author\/dalmasngetich\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?","url":"http:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Dalmas Ngetich"}],"creator":["Dalmas Ngetich"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin bulls","bitcoin halving","bitcoin price","btc","btc price","btcusdt"],"dateCreated":"2024-04-03T16:30:37Z","datePublished":"2024-04-03T16:30:37Z","dateModified":"2024-06-11T08:30:03Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin At Crossroads Ahead Of Halving: Will BTC Fall To $53,600?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-at-crossroads-ahead-of-halving-will-btc-fall-to-53600\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/DALL\\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/DALL\\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Dalmas Ngetich\"}],\"creator\":[\"Dalmas Ngetich\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin bulls\",\"bitcoin halving\",\"bitcoin price\",\"btc\",\"btc price\",\"btcusdt\"],\"dateCreated\":\"2024-04-03T16:30:37Z\",\"datePublished\":\"2024-04-03T16:30:37Z\",\"dateModified\":\"2024-06-11T08:30:03Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/DALL\u00b7E-2024-03-26-08.29.56-A-sleek-modern-title-image-featuring-a-large-shining-Bitcoin-symbol-centered-prominently-against-a-dynamic-digital-background.-The-scene-exudes-a-s.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/601225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/384"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=601225"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/601225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/599685"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=601225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=601225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=601225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}