$BTC There are 29 days left until the Bitcoin halving event and typically, there are four stages to pay attention to in the halving cycle:
Phase 1: Rapid market growth - The market quickly recovered, showing significant growth in a short period of time.
Phase 2: Correction - Before the halving event, the market may overheat and experience some corrections, such as the 18% drop in January and the 14% drop in March this year.
Phase 3: Stability - After halving, the market usually stabilizes and goes through an accumulation phase. This is where some investors may get bored or frustrated if they don't see quick profits and may walk away.
Phase 4: Massive Growth - Historically, after the initial shock has been resolved, Bitcoin has entered a period of rapid growth, which can last about six months.
Understanding these stages can help navigate the cycles more effectively.#HotTrends#BNBChain#SOL🔥🔥🔥🔥