💵💵💵 Is the BTC Halving Event a Time to Buy the Dip or Sell? 💵💵💵

With the BTC Halving event just 72 hours away, it marks the end of the Bear cycle and the beginning of the Bull. Historically, BTC has experienced corrections and accumulation leading up to halving events, as have altcoins.

This time, several factors are influencing the halving, including geopolitical tensions such as the conflict between Iran and Israel, which is impacting the global economy. We've also observed a sudden increase in demand for GOLD.

Interestingly, BTC has never reached its all-time high (ATH) before previous halving events. However, this time could be different due to the ongoing war and ATH pressure.

In the last 10 days, altcoins have experienced significant dips of 70% to 80%, presenting attractive buying opportunities. Looking ahead to Q3 and Q4, many altcoins are expected to recover, potentially leading to a decrease in BTC dominance and the start of a major altcoin season.

For those trading in spot pairs, congratulations, as fortune seems to be on the way. It's advisable to avoid futures trading in such a volatile market. Remember, dips are opportunities for buying, and there's no need to worry about short-term downtrends when the mid and long-term outlook is heavily bullish.

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