🚨 Bitcoin's Rare Four-Year Sell-Off Event! 🔥

📉 Bitcoin (BTC/USDT) has shown signs of a massive sell-off, a phenomenon that occurs roughly once every four years, coinciding with key historical market cycles.

🔍 What’s Happening?

1. Historical Context:

Every four years, Bitcoin experiences extreme sell-offs due to miner capitulation or post-halving profit-taking.

These events are triggered by a combination of overbought market conditions, halving cycles, and institutional profit-booking.

2. Current Market Indicators:

Bitcoin's price reached $93,265 before dropping sharply to $90,616, signaling a potential profit-booking wave.

RSI: Currently at 87.40, deep in the overbought zone, mirroring previous sell-off conditions.

Volume Spike: The sudden surge in trading volume (418K) reflects aggressive selling.

⚠️ Why is This Significant?

Post-Halving Impact: Historically, Bitcoin halving events are followed by a bull run, peaking within 1-2 years, and then seeing a massive sell-off as miners and whales offload profits.

Market Sentiment Shift: Once the sell-off begins, retail traders often panic, amplifying the downward pressure.

🔮 What to Expect Next?

1. Short-Term Correction:

Bitcoin could test support at $87,000 or even $79,000, following previous four-year sell-off patterns.

2. Opportunity for Accumulation:

While sell-offs can cause panic, they present an ideal buying opportunity for long-term holders.

💡 Pro Tip:

Stay calm and avoid panic trading. Use this rare event to position yourself for the next cycle. Remember, Bitcoin’s long-term trajectory remains bullish despite temporary corrections.

🦁 Golden Lion Trading: Your partner in navigating Bitcoin's cycles with precision and confidence. 🦁