BEWARE BITCOIN HUGE CORRECTION IF 60 DAYS PATTERN TURN BE 6 DAYS BEFORE HALVING
Bitcoin halving in round of 7 days again which estimated halving date: 20 April 2020.
As information following is the data based on previous halving:
1. There is huge correction around of - 51.88% in 60 days before halving day of 11 May 2020.
2. It's reach new ATH for around +710.58% after 548 days of halving day.
What is make different than current halving period?
1. Bitcoin already reach new ATH before halving that different than previous halving.
2. There is Bitcoin ETF
3. There is no same pattern which start 60 days before halving, but will it 60 days before halving turn be 6 days before halving?
All is depend on Bookie, but if retail can eat up the price correction I think the Bookie only have limited power for doing that huge correction.
Hope base on above data, we can prepare our best trading strategy and psychology in good condition if the pattern 60 days turn 6 days and any condition of change. Especially who in position at Future or Derivative Trading.
How do you think? Give me your opinion?
