👇💥 𝙏𝙝𝙚 𝙃𝙖𝙡𝙫𝙞𝙣𝙜 𝙋𝙖𝙩𝙩𝙚𝙧𝙣 𝘿𝙞𝙨𝙧𝙪𝙥𝙩𝙚𝙙: 𝙆𝙚𝙮 𝙏𝙖𝙠𝙚𝙖𝙬𝙖𝙮𝙨 😲🪙

1. Bitcoin’s traditional halving pattern historically triggered significant price growth after each event. This pattern, however, is now being challenged as financial markets evolve.

2. For the first time, Bitcoin hit a new All-Time High (ATH) before a halving event in 2024, suggesting that the old pattern may no longer apply.

3. The involvement of institutions and influential figures like Michael Saylor has reshaped Bitcoin’s market behavior, making it harder to predict.

4. In 2022, the market bottomed in June, but another unexpected drop in November—triggered by a large whale’s sell-off—created a technical double bottom, disrupting usual market patterns.

5. The halving pattern is proving less reliable as new factors impact the market, highlighting that historical data may no longer guide future movements effectively.

6. Two competing views dominate technical analysis today. One view argues that Bitcoin must grow after a long sideways period, based on historical patterns. The other view focuses on present data, pointing out that the market environment has changed with new participants like ETFs and institutional players.

7. In the past, miner sell-offs would trigger bear markets, but today, whales treat these sell-offs as buying opportunities, stabilizing prices.

8. Predicting Bitcoin’s future is becoming more challenging. While charts remain essential tools for understanding trends, market behavior now requires a flexible approach as it evolves beyond historical patterns.

#10MTradersLeague #BTCUptober #BNSOL #GrayscaleConsiders35Cryptos #BTCBreaks66K