🔥I have a good indicator - friends and colleagues in the market. When BTC was $70,000, many called and asked how to buy Bitcoin. Now, those who are especially sitting in alts feel disappointed. And this is a good sign, that's when the growing market begins.
📈 The ETF approval attracted institutional investors' capital into crypto and there was even a mini-alt season in March. This created a false start for the market, and the feeling that the bull run had already begun.
🎯According to my personal feelings and this is confirmed by key indicators, we are just entering the phase of a growing market. Considering that 286 days have already passed this year, 2024 may go down in history as the longest sideways trend in all the years when the halving took place. On the monthly BTC timeframe, everything looks good: an upward trend and a second consolidation, but this does not mean that there will be no local corrections.
🦾If you look historically at other halving periods, Bitcoin usually starts pumping within a year after the halving, which is April 2025. BTC reaches its peak values only 500 days after the halving, which is August-September 2025. By the way, this coincides with the predicted global increase in liquidity in the markets due to lower central bank rates.
