4 stages of splitting Bitcoin

1. Escalation before division

There are about 42 days left until the Bitcoin split in April 2024

About 60 days before division, pre-division escalation usually occurs (light blue)

History repeated in this regard

Right now, Bitcoin is almost in the middle of the escalation phase before the split

In anticipation of a split, investors are "buying the hype" in an attempt to "sell the news."

Short-term traders and speculators “buy the hype” a few weeks before the split in anticipation of making a profit from this hype-fueled escalation.

These speculators then “sell the news” to realize those profits, contributing to the pre-split decline that occurs a few weeks before the split itself occurs.
2. Final decline before partitioning

After the escalation ended, before the division...

Pre-division decline usually occurs a few weeks before division itself occurs (dark blue circle)

In 2016, this pre-partition decline was -38%.

In 2020, this pre-partition decline was -20%.

This pre-division decline can last for several weeks and up to 77 days
3. Reaccumulation after partition

The pre-splitting decline is followed by a multi-month reaccumulation period (red)

This period can last up to 150 days (i.e. 5 months)

Many investors make the decision to exit at this stage due to boredom, impatience, and disappointment at not achieving significant results
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Btc price to rise as bnb does the same , but bnb rise seems more stable and less volatile than theBtc
my opinion u got yours . invest wisely#HotTrends
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How is the market situation today?
1. Rising
2. Swinging
3. Bearish
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Welcome to all Arab participants on our page related to currency news, market conditions and prices, in addition to some opportunities according to our study and reliance on several market standards.
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South Korean regulators are increasing pressure on local cryptocurrency exchanges to eliminate suspicious trading, as part of efforts to provide better protection for investors through a new digital assets law that will come into effect at the end of this month.

The Financial Supervision Authority said it is preparing a system to monitor unusual cryptocurrency trading activities, and has instructed exchanges to enter data and information into the system, to ensure compliance with the legislation that will become effective on July 19.
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