Crypto analyst Rekt Capital believes Bitcoin (BTC) is in the thick of its pre-halving rally. However, he warns that dips are still possible.
Dips Happen
Rekt Capital notes that during the 2020 cycle, Bitcoin experienced a post-halving slump before soaring. He predicts a similar pattern this year. Bitcoin’s next halving, where miner rewards are cut in half, is expected in April.
Dogecoin’s Macro Uptrend
Rekt Capital also discusses Dogecoin (DOGE), which has confirmed a new macro uptrend after retesting its support level. He suggests that DOGE could rise above $0.20 before June.