🟡 $BTC - 250 Days Since the Halving

• What’s Next?

Bitcoin reaches an important milestone today: 250 days since the April 2024 halving, when the block reward was reduced to 3.125 BTC. This event marks a key change in the market's supply and demand dynamics, and historical analyses suggest that significant movements often occur during this period.

• What the on-chain data shows:

1. Increasing accumulation:

Data indicates a continuous reduction of BTC on exchanges, showing that long-term holders are aggressively accumulating.

2. Limited supply:

The impact of the halving is reflected in a drop in daily new issuance, while institutional demand, through ETFs and other tools, far exceeds this supply.

3. The market on hold:

Unlike previous cycles, the price has shown moderate performance. Factors such as global economic uncertainty and a correction prior to the halving have dampened expected gains.

• What to expect in the next 100 days?

Historically, between days 250 and 350, Bitcoin has shown a transition towards explosive rallies. If the fundamentals align, this period could mark the beginning of a significant upward movement.

Although the current cycle has its peculiarities, the pattern of accumulation and scarcity remains intact. The coming months will be crucial to observe if Bitcoin follows its historical trajectory towards new highs.

Lastly:

Get ready to take advantage of volatility with solid strategies! Remember to have a well-structured asset portfolio and to rebalance your portfolio over several years. Don’t forget the three most important variables. [◽]

Best regards and success in your trades! 😔🙏

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