To the moon right after halving 💸
The standard bitcoin halving cycle implies a new ATH and then a transition into a parabolic growth stage 6-10 months after the halving. And the closer the halving gets, the more analysts expect (https://twitter.com/100trillionUSD/status/1758830646082871298) a repeat of this history.
Respect to all the real hodlers, they plan to never sell BTC, well except at $500k per coin. But investors who set out to capitalize on the current bitcoin cycle should wonder what will happen if history doesn't repeat itself?
Glassnode reports (https://insights.glassnode.com/the-week-onchain-week-07-2024/) that long-term holders are starting to take profits, which is standard behavior for this group of investors as BTC returns to the previous cycle's high 😇
Ask yourself, these hodlers:
▪️ Don't believe in $100k?
▪️ Earned enough on the rise to $50k?
▪️ Took the body of the investment so you definitely won't be in the negative if the BTC cycle breaks?
Save it for yourself and tell a friend 🆗
