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Btc price to rise as bnb does the same , but bnb rise seems more stable and less volatile than theBtc
my opinion u got yours . invest wisely#HotTrends
$BTC #arab #Write2Erarn
my opinion u got yours . invest wisely#HotTrends
$BTC #arab #Write2Erarn
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4 stages of splitting Bitcoin
1. Escalation before division
There are about 42 days left until the Bitcoin split in April 2024
About 60 days before division, pre-division escalation usually occurs (light blue)
History repeated in this regard
Right now, Bitcoin is almost in the middle of the escalation phase before the split
In anticipation of a split, investors are "buying the hype" in an attempt to "sell the news."
Short-term traders and speculators “buy the hype” a few weeks before the split in anticipation of making a profit from this hype-fueled escalation.
These speculators then “sell the news” to realize those profits, contributing to the pre-split decline that occurs a few weeks before the split itself occurs.
2. Final decline before partitioning
After the escalation ended, before the division...
Pre-division decline usually occurs a few weeks before division itself occurs (dark blue circle)
In 2016, this pre-partition decline was -38%.
In 2020, this pre-partition decline was -20%.
This pre-division decline can last for several weeks and up to 77 days
3. Reaccumulation after partition
The pre-splitting decline is followed by a multi-month reaccumulation period (red)
This period can last up to 150 days (i.e. 5 months)
Many investors make the decision to exit at this stage due to boredom, impatience, and disappointment at not achieving significant results
$BTC #arab #Write2Erarn
1. Escalation before division
There are about 42 days left until the Bitcoin split in April 2024
About 60 days before division, pre-division escalation usually occurs (light blue)
History repeated in this regard
Right now, Bitcoin is almost in the middle of the escalation phase before the split
In anticipation of a split, investors are "buying the hype" in an attempt to "sell the news."
Short-term traders and speculators “buy the hype” a few weeks before the split in anticipation of making a profit from this hype-fueled escalation.
These speculators then “sell the news” to realize those profits, contributing to the pre-split decline that occurs a few weeks before the split itself occurs.
2. Final decline before partitioning
After the escalation ended, before the division...
Pre-division decline usually occurs a few weeks before division itself occurs (dark blue circle)
In 2016, this pre-partition decline was -38%.
In 2020, this pre-partition decline was -20%.
This pre-division decline can last for several weeks and up to 77 days
3. Reaccumulation after partition
The pre-splitting decline is followed by a multi-month reaccumulation period (red)
This period can last up to 150 days (i.e. 5 months)
Many investors make the decision to exit at this stage due to boredom, impatience, and disappointment at not achieving significant results
$BTC #arab #Write2Erarn
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Welcome to all Arab participants on our page related to currency news, market conditions and prices, in addition to some opportunities according to our study and reliance on several market standards.
We seek to develop the concept together. Hello everyone
#opbnb #arab #bnb #tradearab #ETH
We seek to develop the concept together. Hello everyone
#opbnb #arab #bnb #tradearab #ETH
