🚨The Bitcoin Halving unfolds in five distinct phases:📈
1️⃣. **Pre-Halving Period:**
- Approximately 90 days before the April 2024 Halving.
- Historical trends show that deeper retraces during this time lead to significant Return On Investment post-Halving.
- This period is critical, as any retraces could offer the final opportunity for bargain-buying.🧾💰
2️⃣ **Pre-Halving Rally:**
- ~60 days before the Halving, a rally occurs as investors "Buy the Hype" in anticipation of "Sell the News."
- Short-term traders engage in speculative buying weeks before the Halving, aiming to profit from the hype-fueled rally.
- Speculators then "Sell the News,"💻 contributing to a pre-Halving retrace shortly before the event.🔥
3️⃣. **Pre-Halving Retrace:**🎚️
- Typically occurs around the Halving event.
- Past retraces were -38% in 2016 and -20% in 2020.
- Lasts multiple weeks, leading some investors to question the bullish impact of the Halving on price.💳
4️⃣ **Re-Accumulation:**
- Follows the pre-Halving retrace and involves multi-month re-accumulation (red).
- Some investors may exit due to boredom, impatience, or disappointment in immediate post-Halving results.⚖️
5️⃣. **Parabolic Uptrend:**
- Bitcoin breaks out from the re-accumulation, entering a parabolic uptrend (green).
- This phase sees accelerated growth, propelling Bitcoin toward new All-Time Highs.🪜
The outlined phases provide insights into the dynamics surrounding the Bitcoin Halving, including market reactions and investor behaviors. #BTC-#Bitcoin1M #Halving's