đšThe five phases of Bitcoin halving can be summarized as follows:đ
âĄïž1. **Pre-halving period:**
About 65 days before the halving event, historically a time when deeper price retraces occur, offering significant returns for investors in the months following the halving. This period presents a crucial opportunity for bargain buying.
âĄïž2. **Pre-halving rally:**
Approximately 60 days before the halving, a rally occurs as investors buy into the hype, anticipating a profitable outcome. This leads to a short-term surge in prices before the actual halving event.
âĄïž3. **Pre-halving retrace:**
A retrace typically happens around the halving event itself, with prices dipping significantly. This phase, lasting several weeks, sometimes makes investors doubt the bullish impact of the halving on prices.
âĄïž4. **Re-accumulation:**
Following the pre-halving retrace, there's a period of multi-month re-accumulation. Many investors may become impatient or disappointed with the lack of immediate results, leading to some selling-off.
âĄïž5. **Parabolic uptrend:*
* Finally, Bitcoin enters a phase of accelerated growth, breaking out of the re-accumulation period into a parabolic uptrend, leading to new all-time highs.#Write2Earn #HalalBitcoin #TrendingTopic #BTCâŹ
