{"id":25881,"date":"2024-01-30T05:52:58","date_gmt":"2024-01-30T05:52:58","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/just-one-chance-to-buy-bitcoin-cheap-according-to-widely-followed-analyst\/"},"modified":"2024-01-30T05:52:58","modified_gmt":"2024-01-30T05:52:58","slug":"just-one-chance-to-buy-bitcoin-cheap-according-to-widely-followed-analyst","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/just-one-chance-to-buy-bitcoin-cheap-according-to-widely-followed-analyst\/","title":{"rendered":"Just One Chance to Buy Bitcoin Cheap, According to Widely Followed Analyst"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Bitcoin\u2019s price could be offering ONLY ONE\u00a0 FINAL OPPORTUNITY for bargain hunters, according to crypto trader Rekt Capital. Rekt, a well-known figure in the cryptocurrency community, suggests that a price dip in the next two weeks might be the last chance to purchase <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> at lower rates before its value increases due to the upcoming halving event in April.<\/p>\n<p>Rekt, who has over 391,000 followers on X, has identified a pattern in Bitcoin\u2019s price behavior surrounding its halving events. Halving, which cuts the rewards for Bitcoin mining in half, is generally seen as a positive factor for Bitcoin\u2019s value. Rekt\u2019s analysis points to a potential price drop in the short term, followed by an increase as the <a href=\"https:\/\/igaming.org\/crypto\/the-countdown-to-the-next-bitcoin-halving-what-you-need-to-know\/\">halving<\/a> approaches.<\/p>\n<p>In January, Bitcoin already experienced an 18% drop in value. Rekt believes that another big decrease is a possibility within a two-week timeframe. This period could therefore offer <strong>one of the last opportunities to buy Bitcoin at a lower price before<\/strong> the halving effect kicks in.<\/p>\n<p>Post this phase, Rekt predicts a \u2018pre-halving rally\u2019 about 60 days before the event. This is typically followed by a \u2018parabolic uptrend\u2019 phase, where Bitcoin\u2019s price increases rapidly after a period of stagnation and gradual accumulation.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>However, not everyone in the cryptocurrency market shares Rekt\u2019s view. Some experts argue that the halving is becoming an increasingly unreliable predictor of Bitcoin\u2019s price movements. Despite these differing opinions, Rekt\u2019s analysis provides an interesting perspective for those looking to invest in Bitcoin, and a last \u2018warning\u201d, to maybe just buy some?<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/just-one-chance-to-buy-bitcoin-cheap-according-to-widely-followed-analyst\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Bitcoin\u2019s price could be offering ONLY ONE\u00a0 FINAL OPPORTUNITY for bargain hunters, according to crypto trader Rekt Capital. Rekt, a well-known figure in the cryptocurrency community, suggests that a price dip in the next two weeks might be the last chance to purchase Bitcoin at lower [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":25882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25881"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25881"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25882"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}