đą Trade Signals & Crypto market Update:
đ„ Take short position with 5X to 30X leverage between with close Stop loss.
â ïž Disclaimer!
đ„ I'm not financial advisor so always do your own research before any investment because crypto market is inherited risky .
đą Crypto Trader Says Bitcoin Halving Still Not Priced in Despite Run-Up to New Highs â Hereâs Why
đ„A widely followed analyst in the crypto space says that markets still havenât fully adjusted to Bitcoinâs recent halving, which slashed BTC minersâ rewards in half.
In a new video update, pseudonymous trader Rekt Capital tells his 77,000 YouTube subscribers that Bitcoin has historically ignited a parabolic rally after the halving.
đ„But the trader notes that actual pricing in of the halving tends to happen a few months after the event.
âThe Bitcoin halving is not priced in. Historically, whenever weâve seen a halving, weâve seen phenomenal upside at this point in the cycle, where already weâve seen new all-time highs but weâve been consolidating for a long time, and so breaking to new all-time highs once again is only a matter of time.Â
Of course, this is not on the logarithmic scale so I donât expect price to be rallying to $400,000 or whatever the case may be.Â
Historically, we tend to see consolidation for over 150 days before finally seeing a breakout to a parabolic rally which lasts multiple months. Weâre currently in a re-accumulation period again so the fact that weâre re-accumulating here, the longer the better, the more we pause and capture a breather here will be better for the uptrend that inevitably ensues afterward.â
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