Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
Lol 😂, dude, be specific, are you expecting the price of bitcoin to go down before or after the halving, or are you expecting the price to go up?
From experience based on my participation in past halving circle, the price of bitcoin usually dumps before the halving happens, and few days or weeks after the halving, the price will start to skyrocket, which usually meant that we are then officially into the bull run.
But if you look closely at all that have happened in this circle, I think it's easy to see that this circle is quite different from every other halving circles in the past, bitcoin reached previous all time high for the first time before halving, recorded a new all time high, and right now, few days before the halving, the price of bitcoin is still above its previous all time high price.
What I did say is that, it's actually hard to predict what bitcoin will do next, maybe before the halving, but one thing certain is that, we are going to the moon after the halving has come and gone.