#Bitcoin has topped out ? 🤔
A consolidation or dip after the Bitcoin halving is very common, as seen in each cycle. Historically, these dips have been a good time to accumulate some Bitcoin.
Many people confuse this with distribution or a cycle top and end up selling early or staying on the sidelines for the best part of the rally, which starts a few months after the halving.
Let's see what happens if you sell your bitcoins during dips after the halving -
In 2012, you'd miss a +12,100% gain
In 2016, you'd miss a +4,000% gain
In 2020, you'd miss a +700% gain
In 2024, if Bitcoin reaches $200k, you might miss a +250% gain.