[Analysis: Bitcoin’s trend after halving this year will be similar to that in 2020, laying the foundation for a potential rise] Golden Finance reported that Rekt Capital compared the periods after Bitcoin’s halving in 2020 and 2024 and found that there are high similarities between the two. . After the two halving events, Bitcoin entered a re-accumulation phase that lasted approximately 161 days. In 2020, the period ended with a parabolic rally as Bitcoin broke through its repeatedly tested resistance levels. Both periods show continued testing and retesting of support and resistance levels, setting the stage for possible upward momentum. While historical patterns suggest significant movement is possible, differences in market conditions (such as trading volumes) highlight that outcomes may vary. The significant difference between the two periods is volume (data used in the chart is from Bitstamp). In 2020, Bitstamp’s Bitcoin volume in the 161 days after the halving event was 1.183 million, while in 2024 the volume was 313,081. This difference indicates a change in market participation, which could affect the nature of any potential breakout. Volume since this year’s halving was 2.5 million across all exchanges, compared to 4 million in the 161 days following the 2020 halving. (CryptoSlate)