🪙 In 2020, Bitcoin performed a -19% retrace around the Halving
And then consolidated for 160 days after the Halving before breaking out into the Parabolic Phase of the cycle (green)
🪙 In 2024, Bitcoin retraced almost -24% around the Halving
And if history repeats, price could consolidate for up to 160 days before breaking out into the Parabolic Phase of the cycle (green)
your opinion:
🔥 - to the moon right now
⚡️ - further sideways
