We would like to remind you what happens to the price of Bitcoin after halving in the medium to long term. Spoiler: the price is rising
Look at the picture where the blue lines indicate the dates of past $BTC halvings.
🚀 As you can see, after halving, the price begins to grow wildly after several months of consolidation.
We wrote about this in more detail in the post 👉 Bitcoin halving. When will the bull market end?
Therefore, by selling your assets now, you risk missing out on future growth and will have to enter the market at higher levels.
If you think that you can buy off the very bottom, then you are very mistaken.
The lower the price of Bitcoin is, the more terrible it will be to buy back and you will simply wait for the price even lower and lower, ad infinitum. And the news background will actively develop fear in people ☠️
🔍 Judging by the dynamics of past years, the potential for a fall from the current price is not high, up to a maximum of $52,000-54,000. That is, only about -15%.
What we also already talked about in the post 👉 Why shouldn’t you be afraid of drawdowns now?
If you are really scared and you have free cash, then a good strategy would be to place a grid of orders up to $54,000 for Bitcoin.
It is important to understand that now the main task is to have positions in order to be ready for the next wave of growth, and not then buy everything at market highs.
💼 In our opinion, it is better to suffer a slight drawdown than to then sit and bite your elbows while watching the growth.
🤟 Did you like the review or want to better understand cryptocurrencies and technical analysis?
✔️ Then subscribe to the channel and like
➡️ #cassius_trade Look for us on Pavel Durov’s social network. Be sure to subscribe!
