Bitcoin Market Update: Insights and Predictions for 2024 Halving Year

Hello everyone, how are you all doing? Starting today, I'm contemplating posting updates on the Bitcoin market. As we all know, Bitcoin undergoes halving every four years since its inception, and during these halving events, its price typically experiences significant increases. In the year 2024, it's another halving year. However, even before this halving event, we've witnessed substantial movements in the market, touching record highs.

Looking at the charts, it seems like it will touch $73K and then retreat back to $66K. Following this, it is expected to fluctuate within this range for some time. During this period, we may observe significant spikes in altcoins as well.