🚨 BEARISH SIGNAL FLASHBACK: A Historical Peek Before BTC Halving 📉
Predicting market movements is akin to deciphering a puzzle, and preparedness is key for any trader.
Let's revisit the last BULLRUN preceding the BTC halving, where a notable 50% correction unfolded, later accompanied by the infamous COVID-induced market downturn.
⛔️ Excluding the COVID panic selling event, we observe a significant 50% correction:
In 2020, $BTC experienced a substantial dip from 13.6K to 6K.
👀 Similar Correction Ahead of Halving:
History seems to echo as we witness a comparable correction phase just before the halving event. Speculations range from BTC retracing to 21K-25K or even 48K.
📈 Noteworthy Detail:
A pending CME GAP at 21K adds another layer of consideration.
💠 Conclusion:
🔹 Fractals, while insightful, aren't foolproof.
🔹 The pinnacle of the current rally remains uncertain.
🔹 Tighten your stop-loss; safeguard those hard-earned gains.
🚨 Stay vigilant, adapt to the market's twists, and always be one step ahead!
