Is the Fall in Bitcoin the Last Buying Opportunity? Bernstein Analysts Commented on the Fall Before Halving!

‘Bitcoin’As the correction in continues, investors BTCWondering if the bottom has reached and when it will rise again.

At this point, evaluating the correction in BTC Bernstein analysts said that this decline was a buying opportunity.

According to the news of The Block, Bernstein analysts said the more than 10% price correction in Bitcoin presented a temporary “dip buying opportunity.”

Saying that every decline is an opportunity, analysts said that the rise in Bitcoin will continue, but there will be more consolidation before the halving in April.

Bernstein analysts Gautam Chhugani and Mahika Sapra stated that BTC will continue its bull rally after the halving and included the following statements in the report:

“We believe that the current phase of Bitcoin consolidation is temporary and that this correction presents a dip buying opportunity ahead of the Bitcoin halving.

We continue to see an 18-month cross-cycle opportunity for Bitcoin and the entire cryptocurrency market.

We expect consolidation in the Bitcoin market before the halving in April, but we expect general bull markets to continue after the halving.

At this point, the correction in Bitcoin and the overall market looks healthy and does not impact our cross-cycle view.

Analysts finally He stated that Bitcoin targets have not changed, that is, BTC will go to $ 150,000, the highest level of the cycle, by 2025.

*This is not investment advice.