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<p>The post <a rel="nofollow" href="https://coinpedia.org/news/bitcoin-halving-is-just-5-months-away-things-to-know/">Bitcoin Halving Is Just 5 Months Away, Things to Know</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The cryptocurrency market is becoming more stable, and Bitcoin’s price is steadily rising, currently standing at <a href="https://markets.coinpedia.org/bitcoin/?_gl=1*85k3ju*_ga*NTQzNDc3MzQ4LjE2OTcxODMzODc.*_ga_RE1GG3FGQW*MTY5ODcyOTEwMS4xNi4xLjE2OTg3NDM0NjMuMC4wLjA.">$34,248</a>. This newfound stability coincides with the imminent Bitcoin Halving event held in April 2024. Surprisingly, the Halving FOMO, or “fear of missing out,” hasn’t kicked in yet.</p> 
<p>The Bitcoin Halving looms just around the corner, with roughly 150 days left on the countdown. This highly anticipated event has investors on the edge of their seats, eagerly awaiting a prolonged bull run to kickstart.&nbsp;</p> 
<p>Many experts are<a href="https://coinpedia.org/price-analysis/bitcoin-halving-countdown-begins-heres-what-to-expect-from-the-2024-btc-halving/"> predicting</a> that this upcoming Halving could push Bitcoin’s price to new all-time highs, potentially crossing the $140,000 mark for the first time.</p> 
<h2 class="wp-block-heading" id="h-things-to-expect-from-now-on"><strong>Things to Expect from Now On&nbsp;</strong></h2> 
<p>A prominent figure in the crypto community, Captain Faibik, shared insights on the X platform, forecasting Bitcoin’s price performance in the upcoming months. His prediction suggests that Bitcoin’s price could dip to $39,000 by the end of November.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> halving is just 5 months away, and the Halving FOMO hasn't kicked in yet.<br><br>I'm Expecting a Bullish Rally towards the 39k in NOV.<br><br>In DEC and early JAN, Bitcoin may experience a Correction and Retest the 31-32k S/R level.<br><br>Around mid-January, we can anticipate the start of a… <a href="https://t.co/U1KVGCUb4E">pic.twitter.com/U1KVGCUb4E</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1719234195288174965?ref_src=twsrc%5Etfw">October 31, 2023</a>
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<p>However, the road to the Halving may not be entirely smooth. Brace for possible turbulence in December and early January, where Bitcoin could experience a correction, potentially revisiting the support and resistance levels in the $31,000 to $32,000 range.</p> 
<p>But the most exciting part is on the horizon, expected around mid-January. This is when the highly anticipated Halving Rally might kick-off. If historical patterns hold, Bitcoin could set its sights on the $50,000 mark by late March.</p> 
<p>As we count down the months to the Halving, investors are keeping a watchful eye on these developments, hoping to make the most of the Bitcoin Halving ride.</p>

Bitcoin Halving Is Just 5 Months Away, Things to Know

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