It’s the eve of the halving, signaling another phase in the cycle of cryptocurrency.

Despite recent dips, it’s indicative of the cyclical nature, aligning with the anticipated peak towards the year’s end and early next year for altcoins.

This period remains optimal for accumulating coins, particularly as alts tend to thrive in a reduced market cap environment. To soar later, it’s often necessary to consolidate holdings now.

Market fluctuations, including those influenced by geopolitical events like war, serve to validate price trends.

As for BTC, a sufficient correction typically involves a decline around 54, offering opportunities to enter at favorable levels. While war may seem to impact prices, profit-taking remains a significant driver of market movements.

Reflecting on 2020, the period preceding the halving saw significant reductions in BTC and alt values, setting the stage for subsequent exponential growth.

In essence, strategic accumulation during downturns positions investors for potential exponential gains in the future.#btc $BTC #bitcoin