🚀💡 Unlocking the 5 Phases of The Bitcoin Halving Journey! 🌌📈
1. Pre-Halving Period:
- Countdown begins! Just over 100 days until the Bitcoin Halving in April 2024.
- Historical wisdom: Deeper retraces generate fantastic ROIs post-Halving.
- Speculation swirls around the Bitcoin ETF resolution, possibly causing a retrace in the next two months.
- Brace for a bargain-buying opportunity in this crucial period.
2. Pre-Halving Rally:
- ~60 days before the Halving, the Pre-Halving rally kicks in (light blue).
- "Buy the Hype, Sell the News" mentality prevails as investors anticipate and then capitalize on the hype-fueled rally.
- Speculators enter the game, contributing to a Pre-Halving retrace just before the event.
3. Pre-Halving Retrace:
- The Halving event itself sees a Pre-Halving retrace (dark blue circle).
- In 2016, retraced by -38%, while in 2020, it was -20%.
- Lasting multiple weeks, it challenges investors, making them question the Halving's bullish impact.
4. Re-Accumulation:
- Post-retrace, the scene shifts to multi-month re-accumulation (red).
- Boredom, impatience, and disappointment may shake-out some investors.
- A period of patience and strategic positioning for the next move.
5. Parabolic Uptrend:
- The breakthrough from re-accumulation leads to the parabolic uptrend (green).
- Bitcoin unleashes accelerated growth, paving the way for new All-Time Highs.
- A triumphant phase where the journey hits its stride, and Bitcoin soars to new heights.
🔍 Stay Informed, Stay Ahead:
- Like and follow for more insights. The Bitcoin saga is a rollercoaster worth riding! 🚀📊
