A BRIEF LOOK AT BITCOIN AND ALTCOINS BEFORE THE HALVING

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6 Jan 2024
26



Since the market is currently channeled to a single place, making any analysis does not seem right for the current situation.
So what can be done in this situation?
In such a case, it would be a better approach to act according to possible scenarios.
1.When we examine these scenarios, our first scenario is that ETF applications are not approved. In this scenario, there may be sudden sales in the stock markets and a rapid withdrawal in bitcoin.

2. When we look at the second scenario, ETF applications are approved as everyone expects. In this table, purchases occur on the bitcoin side and bitcoin begins to rise, but as the dominance will increase, there may be crushing in altcoins, which can only create a positive scenario on the bitcoin side.
3.When we look at the third scenario, ETF applications are postponed and there may be an increase in the market until May, followed by a slight decline.
When we examine all 3 scenarios, not opening futures transactions can prevent large money losses. Again, even if all three scenarios occur, it should not be forgotten that there will be a retreat on the bitcoin side immediately after the halving and a subsequent bull season is at the door. I would be happy if you tell me what you think about this issue in the comments.

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