🐸 Waiting for a drop before halving !
🔺 Friends, I found a pattern for you. Now many market players are waiting for the halving, since after it the price of BTC will most likely begin to rise rapidly. But many do not take into account one point.
🔎 The historical BTC chart clearly shows that 1-2 months before the halving, Bitcoin regularly corrected to - 60% of the peak, and then also quickly grew to the initial values.
Given additional evidence that Bitcoin has corrected by an average of 20% in 2023, the current drawdown of 17% was the expected decline for Bitcoin ahead of the upcoming strong bull run.
• The most important thing to realize is that localized drawdown may be the last good chance to enter the cryptocurrency at good prices before the active growth phase begins. However, no one can predict the end of the correction, so it is better to invest in installments, so you will get a better average entry point.
There are ~28 days left until the halving.
