Bitcoin Fork’s Altcoin Rally Continues as Halving Approaches!

The longstanding project of the crypto market, Bitcoin Cash (BCH), made a significant move before halving. On April 4th, Bitcoin Cash will experience halving. With this anticipation, Bitcoin Cash, which continues its uptrend, has caught the attention of analysts. In a statement about the issue, Alex Kuptsikevich, a senior market analyst at FxPro, pointed out that the corrections could deepen, and made the following remarks: Bitcoin dropped below 70,000 dollars, which is attributed to the need for bulls to relieve stress and the overall decrease in risk appetite in global markets. The short-term focus of traders will be to see if Bitcoin can retest intraday low levels around 69,500 dollars on Tuesday. A breakthrough below this level could signal a longer-lasting correction. According to CoinGecko data, BCH, which showed a 13% increase in the last 24 hours, is trading at 574 dollars at the time of writing.