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Bitcoin was buoyed by inflation data that showed the situation is under control. Fortunately, after a while, the positive correlation between the US stock market and Bitcoin has returned today, with Bitcoin trading in the $59,700 range đ€ $btc #btc
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The path to 200K is clear.
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#BTC Bitcoin bottomed 547 days prior to the 2016 Halving but topped in its Bull Market 518 days after the 2016 Halving Bitcoin bottomed 517 days prior to the 2020 Halving but topped in its Bull Market 549 days after the 2020 Halving Bitcoin bottomed 517 days before the 2024 Halving but may very well top in its Bull Market ~549 days after the 2024 Halving That's October 2025 History suggests two takeaways: 1. The Halving acts like a mirror. Bitcoin Bear Market Bottoms occur a similar amount of days prior to the Halving compared to the amount of days its takes for Bitcoin to form Bull Market Tops after the Halving 2. This Bull Market is not over yet $BTC #Crypto #Bitcoin
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