A while back I made a post talking about what I saw as the next Bitcoin All Time High.

For me, the price should hit northward of $120,000, before settling into the $90,000 dollar range.

We already know the halving is happening in 2 weeks, which causes the supply to be cut by half.

Right now, the price of Bitcoin is around $65,000 and had a price hike to around $75,000 recently, caused by many factors.

But, what I have noticed, as has several YouTubers, that before the halving occurs, there is a price drop.

No one knows for sure why this happens, but some speculate that this is due to a correction in the asset. 

People are shorting it, and also some are  selling being fearful of a sharp price drop.

This may be the drawback that was anticipated by a YouTuber I ran across about a month ago.

For the life of me, I can't remember her name, and to be fair, it was a Short, and I didn't think to write it down, so, even though I can't find it, and don't remember it, I'm only taking partial credit.

Why partial, because when I researched for the post I did a while back, I noticed the pattern, but didn't really put the pieces together until her video.

My point is that this drawback we are seeing, is in perfect timing with past ones.

So, there will be a new ATH, and it will be around, or go above, $120,000 USD before August or September.

This is what I see, so let me know your thoughts below 👇🏻