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Bonk (#BONK) has experienced an impressive surge, with a notable 391% increase in its 24-hour trading volume, positioning it as a significant contender. This ascent reflects a larger trend where memecoins, previously seen as peripheral assets, have now taken center stage in speculative interest and investment.

Bonk (#BONK) has experienced an impressive surge, with a notable 391% increase in its 24-hour trading volume, positioning it as a significant contender. This ascent reflects a larger trend where memecoins, previously seen as peripheral assets, have now taken center stage in speculative interest and investment.

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$BTC 3 Phases of The Bitcoin Halving 1. Final Pre-Halving Retrace The Pre-Halving Retrace has already occurred and is in the books However in this cycle Bitcoin produced two Pre-Halving Retraces: -18% in March and another -18% pullback this April In previous cycles, this Pre-Halving Retrace was -38% in 2016 and in 2020 it was -19% deep This Pre-Halving Retrace represents the final bargain-buying opportunity in the Pre-Halving period The Bitcoin Halving occurred 5 days ago So that final Pre-Halving bargain-buying opportunity is now over The Pre-Halving Retrace is over However, the Pre-Halving Retrace tends to occur with the sole focus to develop a Re-Accumulation Range which will be the next phase in the Bitcoin Halving cycle 2. Re-Accumulation Now that the Pre-Halving Retrace has occurred, it has set up the very foundations of the Re-Accumulation Range This Re-Accumulation Range tends to develop a few weeks before the Halving but the majority of this Re-Accumulation Range forms after the Halving This Range concludes with a breakout from it several weeks after the Halving The goal now is for Bitcoin to move sideways to catch a breather, for the market to cool-off after fantastic Pre-Halving price performance The Re-Accumulation phase can last multiple weeks and even 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 3. 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 $BTC #BinanceLaunchpool #bitcoinhalving #BullorBear
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