đStages of bitcoin halving
Halving reduces the issuance reward by half among miners who perform verification and validation of transactions on the network.
This event happens every 4 years so that fewer bitcoins enter the market and usually a bull market always starts after this event some time after.
đ The next bitcoin halving is expected in April 2024.
It is important to know what are the stages of bitcoin halving so that you don't lose your investment on such news.
đŽPeriod before halving
The period when bitcoin can crash hard, it usually happens long before the halving itself.
đŽPre-halving rally
In anticipation of the halving, investors "buy the hype" in an attempt to "sell the news".
đŽRally before halving
The pre-halving pullback usually occurs near the event itself. This pullback makes investors doubt that the halving was a bullish catalyst for higher prices after all.
đŽRe-accumulation
The pullback before the halving is followed by a multi-month re-accumulation. Many investors pass out at this stage due to boredom, impatience and frustration over the lack of serious results from their BTC investments immediately after the halving.
đŽParabolic uptrend
Once bitcoin breaks out of the re-accumulation zone, a parabolic uptrend begins. It is at this point that bitcoin experiences accelerated growth on its way to new all-time highs.#BullorBear #BinanceLaunchpool #Nonfarm #BinanceLaunchpool #sui
