According to analysts, Bitcoin is firmly in the pre-halving rally phase, but there is a problem.

Bitcoin (BTC) is currently on a decisive pre-halving rally, according to a closely watched cryptocurrency analyst.

Pseudonym: Cryptocurrency strategist Rekt Capital says The 410,900 followers of social media platform

“Bitcoin is still firmly in the pre-halving rally phase, but a pullback could occur just like the pre-halving rally. Bitcoin briefly fell -14% yesterday. The best we can hope for is a decline, but be careful what you wish for. The decline is real.”

The trader’s chart shows that during the 2020 cycle, Bitcoin suffered a post-halving slump before entering a parabolic state. He predicts it will happen again this year.

BTC’s next halving event is scheduled for April and will see miners’ rewards cut in half. This cryptocurrency king is trading at $67,200 at the time of writing, a slight increase over the past 24 hours.

Dog-themed digital asset Dogecoin (DOGE) moves to Rekt Capital Called Popular memecoin has confirmed a new macro uptrend after successfully retesting support levels.

“DOGE successfully retested the macro downtrend to new support. A successful retest after just breaking a macro downtrend means the new macro uptrend is fully confirmed.”

According to trader charts, Dogecoin could surpass the $0.20 price tag before June. At the time of writing, DOGE is trading at $0.153, up 2.5% over the past day.

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