As the Bitcoin halving in April 2024 nears, the market goes through a few notable phases. Initially, there's a period about 60 days before the halving where any significant price drops present prime buying opportunities, historically leading to high returns after the event. Then, roughly 60 days before the halving, anticipation builds, sparking a rally as investors buy into the hype, hoping to sell at higher prices. This cycle of anticipation, followed by a rally, and then a potential retrace, sets the stage for investment strategies centered around the halving event.
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