Rekt Capital: Bitcoin must fall before halving, with a historical maximum adjustment of 40%

News on March 20, before the halving in April, Bitcoin miners are about to enjoy the last month's subsidy of 6.25 Bitcoins per block. Rekt Capital has detailedly analyzed the risks that current Bitcoin holders will face in the future. Rekt Capital stated that within two days, Bitcoin will officially enter a "danger zone". The historical pre-halving correction has already begun and historically, Bitcoin underwent a correction 14-28 days before halving. In past halving years, this "danger zone" had produced corrections as high as 40%, far exceeding the maximum drawdown from its recent historic high of approximately $73,700.