🔸$BTC in April is likely to have another slight increase around the 8xK area and BTC's wave will officially end in this span.
🔸 at that time, $BTC officially entered the re-accumulation correction wave to continue moving forward in Q3 and 4.
🔸When the market is most excited, we should also reconsider.
🔸Because in my opinion, we should still respect the history of the market, the market has been running smoothly since the beginning of 2023 until now and there has been almost no significant adjustment.
👉So if there's a tuning wave, I believe it could be quite intense rather than mild.
#BinanceVietnamSquare #BullorBear $BTC #Crypto #Bitcoin " data-hashtag="#$BTC #Crypto #Bitcoin" class="tag">#$BTC #Crypto #Bitcoin

Discover how investing just $1000 in Ripple's XRP today could pave the way to millionaire status. Despite maintaining a 27% increase in value since January 2023, Ripple's XRP faces challenges in 2024, with declines in weekly and 14-day charts, as well as a notable decrease over the past week. Despite this, XRP holds potential to transform average earners into millionaires overnight with a mere $1000 investment.If you were to invest $1000 in XRP at its current price of $0.52, you would acquire 1,923 XRP coins. The intriguing prospect arises when considering that if the price of XRP rises to $520, the value of your 1,923 coins could soar to $1 million. However, reaching $500 or $520 for XRP entails a significant challenge, requiring a massive 100,000% increase from its current value.Predictions from Changelly suggest that it might take until 2050 for XRP to reach $500, with a projected low of $544 and a high of $629. Despite initial skepticism, XRP might reach the $520 price target sooner than expected, driven by factors such as a favorable outcome in Ripple's legal battle with the SEC, increased global adoption, and favorable market conditions.These developments could set the stage for a substantial price surge, exceeding market analysts' expectations and potentially turning average earners into millionaires.#Write2Earn #TrendingTopic #XRP #$BTC #Crypto

1. Pre-Halving Rally
Approximately 30 days remain until the Bitcoin Halving in April 2024
And ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
History has repeated in this respect
In fact, the Pre-Halving Rally breakout was a little ahead of schedule by a handful of days
However, Bitcoin is now slowly transitioning away from its "Pre-Halving Rally" phase and into its "Pre-Halving Retrace" phase
Pre-Halving Retrace tends to occur approximately 28 to 14 days before the Halving
And with Bitcoin having pulled back -11% last week, it is looking like history is once again repeating
In fact, much like the Pre-Halving Rally, it looks like the Pre-Halving Retrace may be a little ahead of schedule by a handful of days as well
Nonetheless, if this current downside continues in the coming weeks, this will be the confirmation that the Pre-Halving Retrace is firmly underway
So even though Bitcoin has performed a historic, never-before-done feat in its price action in the Pre-Halving period by breaking to new All Time Highs...
Still history has found a way to repeat itself
The "Pre-Halving Rally" began pretty much right on schedule
And it also appears like the "Pre-Halving Retrace" is beginning pretty much right on schedule as well
Th Pre-Halving Rally phase has been extensive but it may very well be ending as we speak
The next step is the "Pre-Halving Retrace" phase
2. Final Pre-Halving Retrace
A Pre-Halving retrace tends to occur a 28 to 14 days before the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
Currently, $BTC is 30 days away from the Halving and has pulled back -11% last week
This Pre-Halving retrace can last multiple weeks and up to 77 days
This year, Bitcoin has experienced a -18% pullback in January, a -14% pullback in early March, and now a -11% pullback is in progress
Therefore it's possible a Pre-Halving Retrace, should one occur, would more likely be on the shallower side than on the deeper side
Also, this Pre-Halving Retrace could also be much shorter than has otherwise been the case historically
3. Re-Accumulation
The Pre-Halving retrace is followed by multi-month re-accumulation (red)
This period can last 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
However, in this cycle it would be the very first time that this Re-Accumulation Range could develop around the New All Time High area
As a result, this Re-Accumulation Range may simply take the shape of a regular sideways range and may not last very long before additional uptrend continuation
4. 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
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#BTC   1. Pre-Halving Downside phaseApproximately 70 days remain until the Bitcoin Halving in April 2024Historically, any deeper retraces that occur during this orange period tend to generate fantastic Return On Investment for investors in the several months after the HalvingGenerally, any retrace during this period likely represents one of the final bargain-buying opportunities for Bitcoin in the Pre-Halving periodIn fact, Bitcoin performed a -18% retrace this past January alreadyWas that the retrace that historically tends to occur during this period?In any case, if there is going to be another retrace in this Pre-Halving Downside phase, history suggests there is now a rapidly shrinking 7-day window for that to occur2. Pre-Halving RallyWith the orange Pre-Halving period slowly coming to a close with only 7 days left...Bitcoin is slowly getting ready to transition into the Pre-Halving rally phaseApproximately ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rallyThen these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself3. Pre-Halving retraceAfter the Pre-Halving Rally has concluded...A Pre-Halving retrace tends to occur a couple of weeks before the Halving event itself (dark blue circle)In 2016, this Pre-Halving retrace was -38% deepIn 2020, this Pre-Halving retrace was -20% deepThis Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all4. Re-AccumulationThe Pre-Halving retrace is followed by multi-month re-accumulation (red)This period can last 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 Halving5. Parabolic UptrendOnce Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs$BTC $BTC #Crypto " data-hashtag="#$BTC #Crypto" class="tag">#$BTC #Crypto #Write2Earn #Bitcoin   

With the Bitcoin Halving on the horizon in April 2024, understanding the journey Bitcoin takes before, during, and after this significant event is crucial. Let’s dive into the four phases leading up to the Bitcoin Halving:
1. Pre-Halving Rally
About 35 days before the Halving, a buzz known as the Pre-Halving Rally starts to build, lasting roughly 60 days. During this time, Bitcoin's price tends to surge, often breaking previous records. Investors jump on the hype train, hoping to capitalize on the momentum before the Halving. However, as the event approaches, many traders "Sell the News," leading to a slight dip in prices.
2. Final Pre-Halving Retrace
Following the Pre-Halving Rally, there's often a period of consolidation known as the Final Pre-Halving Retrace. This phase, occurring a few weeks before the Halving, sees Bitcoin's price pulling back slightly. Historically, this retracement can range from mild to significant, but this year, indications suggest a milder retracement compared to previous cycles.
3. Re-Accumulation
After the Final Pre-Halving Retrace, Bitcoin enters a phase of re-accumulation that can last up to 150 days. During this time, Bitcoin's price may stagnate, causing some investors to grow impatient. However, with the potential for Bitcoin to reach new all-time highs, this phase might see a quicker resolution than in past cycles.
4. Parabolic Uptrend
Once Bitcoin breaks out of the re-accumulation phase, it enters a period of rapid growth known as the Parabolic Uptrend. This phase is marked by exponential price increases and typically lasts over a year. However, with the possibility of an Accelerated Cycle, this timeframe could be shorter in the current market cycle.
In summary, the journey of Bitcoin through the four phases of the Bitcoin Halving is dynamic and full of opportunities for investors. From the excitement of the Pre-Halving Rally to the consolidation of the Final Pre-Halving Retrace, each phase presents its own set of challenges and rewards. As we look ahead, one thing remains clear - the Bitcoin ecosystem continues to evolve, offering new possibilities for those willing to embrace its journey.
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Chart Analysis: Rekt Cap