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Bitcoin Could Potentially Dip Below $60K Before ‘Hate Halving Rally,’ Says Crypto Analyst

IncomeSharks, a crypto analyst, has predicted the future of Bitcoin (CRYPTO: BTC) price. According to the forecast, the cryptocurrency could experience a significant drop below the $60,000 mark before potentially witnessing a ‘hate halving rally.’ What Happened: IncomeSharks took to X to share its forecast. The analyst suggested that Bitcoin might dip below the $60,000 level, which could prompt panic selling. The analyst believes that this would be a necessary step to clear out the remaining holders who are relying on the support to hold. “#Bitcoin – Still think we break and close below $60k to get another round of panic sellers gone. People probably still holding thinking support is holding. We need to break them first. Then we can get a hate halving rally,” the analyst said. #Bitcoin – Still think we break and close below $60k to get another round of panic sellers gone. People probably still holding thinking support is holding. We need to break them first. Then we can get a hate halving rally. pic.twitter.com/LHrQhMJwgA — IncomeSharks (@IncomeSharks) April 18, 2024 IncomeSharks’ prediction comes at a crucial time, just days before the upcoming …Full story available on Benzinga.com