Bitcoin has been experiencing a decline in its price volatility over the past few days, posing a challenge for the cryptocurrency to surpass the $69,000 mark. However, experts have observed that investor confidence is crucial, as Bitcoin seems to be following a similar pattern to its behavior after the halving event in 2020. The Bitcoin Rainbow chart, which provides insights into the token’s price movements, indicates that it has now entered the buy zone several months after the third halving. This pattern suggests that Bitcoin’s price could potentially surge in the near future. Stay updated with the latest technology news by visiting NEWSLINKER.