Bitcoin and crypto market reversal might not happen until these two events happen
After losing a massive part of its value, the sentiment on the cryptocurrency market switched from delusion to panic as some investors have lost more than half of their initial investment after almost doubling their holdings.
As we enter a bearish market, more analysts are trying to predict when it will be over by using technical indicators and fundamental changes in the global financial . One of the most impactful events for the digital assets market is the Bitcoin halving, which is expected in 2024.In addition to the halving, we are going to see the FED's easing of the monetary policy, which is expected to begin in the end of 2023 or the beginning of 2024 by cutting the rate.
At press time, Bitcoin is trading at $21,220 and is yet failing to recover at least some of the value it lost from November's top.
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