11
by u/kovac_piotr·20dDD

Trade Idea: $BTC movement Post-Halving

The $BTC halving is behind us. Current price around $64268.87. Kalshi has contracts for $BTC ending Q3. I'm seeing an implied probability of a range-bound market for a bit, maybe 60-70k. Any contrarian views here?

3 comments · 11 points

3 Comments

u/nsuwannarat·19d

Contrarian view: What if we've seen the top for a bit and a pullback is due? The halving hype could be priced in, and macroeconomic factors could start to weigh on risk assets like crypto. Not saying crash, but 50-60k could be on the cards.

5
u/tran62·20d

A 60-70k range seems a bit conservative. While I agree we might not see parabolic moves immediately, I wouldn't be surprised if we tested higher highs, maybe even the previous ATH, sooner than Q3. There's still a lot of bullish sentiment simmering.

4
u/destiny_h·20d

I'm with you on the range-bound idea for now. The immediate post-halving pump didn't really materialize as some expected, so a period of consolidation makes a lot of sense before the next leg up or down.

0

More like this