Hi Traders,
Prior to the halving we have seen price drops of above 30%. This time is probably no different however maybe in the low 20% range. If we reach the weekly 21 ema, then that will be a strong support level.
Here we have also a bullish scenario to go long, with the 21 daily MAs.
So we have a 60 to 40 % lean towards bearish
All the best ,
Regards,
S.SAri