$BTC

📢 Trade Signals & Crypto market Update:

🔥 Take short position with 5X to 30X leverage between with close Stop loss.

⚠️ Disclaimer!

🔥 I'm not financial advisor so always do your own research before any investment because crypto market is inherited risky .

📢 Crypto Trader Says Bitcoin Halving Still Not Priced in Despite Run-Up to New Highs – Here’s Why

🔥A widely followed analyst in the crypto space says that markets still haven’t fully adjusted to Bitcoin’s recent halving, which slashed BTC miners’ rewards in half.

In a new video update, pseudonymous trader Rekt Capital tells his 77,000 YouTube subscribers that Bitcoin has historically ignited a parabolic rally after the halving.

🔥But the trader notes that actual pricing in of the halving tends to happen a few months after the event.

“The Bitcoin halving is not priced in. Historically, whenever we’ve seen a halving, we’ve seen phenomenal upside at this point in the cycle, where already we’ve seen new all-time highs but we’ve been consolidating for a long time, and so breaking to new all-time highs once again is only a matter of time. 

Of course, this is not on the logarithmic scale so I don’t expect price to be rallying to $400,000 or whatever the case may be. 

Historically, we tend to see consolidation for over 150 days before finally seeing a breakout to a parabolic rally which lasts multiple months. We’re currently in a re-accumulation period again so the fact that we’re re-accumulating here, the longer the better, the more we pause and capture a breather here will be better for the uptrend that inevitably ensues afterward.”

#Megadrop #EarnFreeCrypto2024 #MantaRWA #MtGox #ETHETFsApproved

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