Many are wondering 🤔 why there hasn't been a significant surge on this halving day.
🤫
Rest assured, the market will ascend.
Allow me to elucidate when and how 🧐🤔
The halving occurs every 4 years, and historical data reveals no abrupt spikes during this period.
"Curious why?" 🧐
Following the halving, the market gradually reaches all-time highs over the course of 4 years. Such a timeframe prohibits abrupt 90-degree fluctuations in the market. This time, it may surpass the previous peak and reach new heights, possibly around $80k.
However, it's likely to retrace to $50k to $55k due to increased liquidity.
After absorbing this liquidity, it will resume its upward trajectory, maintaining a prolonged bullish trend, eventually surpassing the previous all-time high and establishing new records.
And so it goes.
Peace out ✌️ $BTC #bitcoinhalving