Top analysts warn investors ahead of Halving that Bitcoin (BTC) price is on track to reach $38,000? In the volatile world of Crypto Assets, all eyes are on Bitcoin (BTC) as the pioneering Digital Money moves closer to the highly anticipated Halving event in April. Meanwhile, Crypto Assets analyst Crypto Tony sent shockwaves to the community by posting a tweet predicting that the price of BTC could fall to $38,000 before the Halving. As of the latest update, Bitcoin is currently trading at $41,070, down a modest 1.42% over the past 24 hours. The Crypto Assets is down 5.01% over the past 30 days, reflecting continued Fluctuation in the market. Bitcoin trading volume has also seen a significant decline, plummeting 56.12% to $9,930,593,235 in the last 24 hours. Notably, the data shows that in the last 24 hours alone, BTC has liquidated $2.54 million worth of liquidations. These included a long liquidation of $628,480 million and a short liquidation of $1.91 million, highlighting the current sensitivity of the market to Fluctuation. As the countdown to BitcoinHalving continues, Crypto Assets enthusiasts and investors are keeping a close eye on these developments. BitcoinHalving rumors, well-known on-chain analytics platforms estimate that there are about 96 days left until BitcoinHalving. BitcoinHalving is a scheduled event that occurs approximately every four years or after 210,000 Block have been mined. During this process, the rewards Miner receives for validating transactions will be Halving. This scarcity mechanism is rooted in Bitcoin's protocol and aims to control the Inflation of the currency and maintain its value over time. This upcoming event is considered an important catalyst for Bitcoin prices, and judging by historical price patterns, the previous Halving event coincided with a significant price increase. Although Crypto Tony predicts that the price will fall to $38,000, it is worth noting that this prediction applies to the price level before the Halving. After the outlook Halving, many analysts expect the prices of major Crypto Assets to rise. Analysts expect that the reduction in Mining rewards during the Halving event will create a supply shock that will lead to increased demand, which will push up the price of Bitcoin. (Source: Mushumir Butt)