#HotTrends #Btc #Bearish $BTC
BTC Downward Journey Impact and Implication.
Btc downward journey is a risk impact as some who couldn't go bearish @73k All time high of btc has incurred some minor or major loses in their wallet values, which can be re-gained if they hold and await bull run after halving. Now this isnt the best practice but at this juncture it's best to reserve my comment as everyone have his/her right to call their shots.
However, the implication of this downward journey is that btc halving is afoot.
Now the catch:
Note btc began it's downward journey on 15/3/2024 when it's price was seen to be @71k around 1:35am UTC and went further down to 67k & 68k that same day from it's all time high of 73k as at 08:13am UTC on 14/3/2024. And it will fall further between 40k - 50k for it to reach its New-All-Time-High of between 80k - 100k after halving, bull run.
Now, If halving occurs from 15th to 25th April, 2024 as I predicted based on the mean blocks production per day.
And if the production is around 147 blocks per day then it means that btc began it's downward journey approximately 32 days before halving, starting middle of the month before the actual month of halving.
Now the Scope:
Will this notion support my hypothesis that for every halving, btc will began it's downward journey somewhere from the middle of the month before the actual halving month; depending on the average block productions per day?
Now the Aim:
The aim of this study, is to help cryptopreneurs ascertain when btc reaches its peak in order to go bearish ( to maximum gain) and awaits btc deepest fall then go bullish after halving.
Hoping to follow this trendy strictly.
Greatest Knowledge of all comes through live experiences.
Thanks đđđ
