Binance Square
LIVE
LIVE
币灿
--1.7k views
See original
5 stages of Bitcoin halving 1. Pre-halving period There are approximately 65 days left until the Bitcoin halving in April 2024. Historically, any deeper pullbacks that occur during this period tend to occur in the aftermath of the halving. Bring investors huge returns on investment within a few months This period will be crucial as any retracement during this period could represent the ultimate dip buying opportunity for Bitcoin. Specifically, there is a 30-day or so window between now and the pre-halving rally where a deeper retracement could occur. 2. Before halving rebound halved About the first 60 days, there tends to be a pre-halving rebound (light blue) Amid halving expectations, investors “buy the hype” and struggle to “sell the news” Short Selling - Long-term traders and speculators "buy Hpye" in the weeks leading up to the halving, expecting to profit, thus contributing to the pre-halving retracement that occurs only weeks before the halving event. 3. Retracement before halving A Pre-halving retracements tend to occur around halving events (dark blue circle) In 2016, the retracement depth before halving was -38% In 2020, the retracement depth before halving is -20% This pre-halving retracement could last for weeks 4. Re-accumulate funds before halving Retracement followed by months of renewed accumulation (red) Many investors are driven out of boredom at this stage and are impatient and disappointed with the lack of significant results from their BTC investments after the halving 5. Parabolic Uptrend Once Bitcoin breaks out of the re-accumulation zone, it breaks out of the parabolic uptrend (green) Bitcoin Experiences Accelerated Growth During This Phase, Hitting All-Time Highs

5 stages of Bitcoin halving

1. Pre-halving period

There are approximately 65 days left until the Bitcoin halving in April 2024. Historically, any deeper pullbacks that occur during this period tend to occur in the aftermath of the halving.

Bring investors huge returns on investment within a few months

This period will be crucial as any retracement during this period could represent the ultimate dip buying opportunity for Bitcoin.

Specifically, there is a 30-day or so window between now and the pre-halving rally where a deeper retracement could occur. 2. Before halving

rebound halved

About the first 60 days, there tends to be a pre-halving rebound (light blue)

Amid halving expectations, investors “buy the hype” and struggle to “sell the news”

Short Selling - Long-term traders and speculators "buy Hpye" in the weeks leading up to the halving, expecting to profit, thus contributing to the pre-halving retracement that occurs only weeks before the halving event.

3. Retracement before halving

A Pre-halving retracements tend to occur around halving events (dark blue circle)

In 2016, the retracement depth before halving was -38%

In 2020, the retracement depth before halving is -20%

This pre-halving retracement could last for weeks

4. Re-accumulate funds before halving

Retracement followed by months of renewed accumulation (red)

Many investors are driven out of boredom at this stage and are impatient and disappointed with the lack of significant results from their BTC investments after the halving

5. Parabolic Uptrend

Once Bitcoin breaks out of the re-accumulation zone, it breaks out of the parabolic uptrend (green)

Bitcoin Experiences Accelerated Growth During This Phase, Hitting All-Time Highs

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Replies 1
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
@WangCan12376

Explore More From Creator

--

Latest News

View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs