LIVEBITCOIN IS GOING TO $200K ?
Phases of The Bitcoin Halving
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1️⃣Pre-Halving Period
Approximately 4.5 months until the Bitcoin Halving in April 2024. Historically, deeper retraces during this time yield fantastic ROI post-Halving.
2️⃣Pre-Halving Rally
~60 days before the Halving, a rally (yellow) occurs. Investors "Buy the Hype" to "Sell the News" anticipating the upcoming event.
3️⃣Pre-Halving Retrace
A retrace around the Halving (White Line). In 2016, it was -38%, and in 2020, -20%. This makes investors question the Halving's bullish impact.
4️⃣Re-Accumulation
Post-retrace, a multi-month re-accumulation phase (red). Many get shaken-out due to impatience, boredom, and disappointment with immediate results.
5️⃣Parabolic Uptrend
Breaking out from re-accumulation leads to a parabolic uptrend (green). Bitcoin accelerates towards new All-Time Highs.
After breaking out from re-accumulation (green), Bitcoin undergoes accelerated growth, surging towards new All-Time Highs
