$BNB $BTC SOURCEšø Waiting for a fall before the halving
Friends, I found one pattern for you. Now many market players are waiting for the halving, as after it, with greater probability, the rapid growth of BTC price will begin. But many do not take into account one point.
š The historical chart of BTC clearly shows that 1-2 months before the halving, bitcoin regularly corrected up to -60% of the peak and then also quickly grew back to the original values.
Given the additional data that Bitcoin corrected by an average of 20% in 2023, the current 17% drawdown was an expected drop in Bitcoin before the impending active bull run.
ā¢basis The most important thing to realize is that this localized drawdown could be the last good chance to enter the crypto at good prices before the active growth phase begins. However, no one can predict the end of the correction, so it is better to invest in installments, this way you will have the best average entry point.
There are ~28 days left until halving.
ā Are you currently buying crypto on a drawdown?
š„ - Yes
š§ - No
SOURCE: crypto Treys