#BTC
3 Phases of The Bitcoin Halving
1. Final Pre-Halving Retrace
The Pre-Halving Retrace has already occurred and is in the books
This Pre-Halving Retrace was -18% deep whereas in 2016 it was -38% and in 2020 it was -19% deep
This Pre-Halving Retrace was the final bargain-buying opportunity in the Pre-Halving period
Bitcoin is only 7 days away from the Halving
2. Re-Accumulation
Now that the Pre-Halving Retrace has occurred, it has set up the very foundations of the Re-Accumulation Range
This Re-Accumulation Range develops a few weeks before the Halving and concludes with a breakout from it weeks after the Halving
The goal now is for Bitcoin to move sideways going into the Halving and beyond
The Re-Accumulation phase can last multiple weeks and even up to 150 days (i.e 5 months)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving
3. Parabolic Uptrend
Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)
It is during this phase Bitcoin experiences accelerated growth into a parabolic uptrend
Historically, this phase has lasted just over a year (~385 days) however with a potential Accelerated Cycle occurring right now, this figure may get cut in half in this market cycle
