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Spot Trading Tournament: Trade to Share 300,000 USDC in Token Vouchers!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch a new trading tournament for all users, who may trade selected tokens during the Promotion Period to share 300,000 USDC in rewards.
Register for the Promotion Now!
#Write2earn #write2earn #WhalesWinning #ETFvsBTC $BTC
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch a new trading tournament for all users, who may trade selected tokens during the Promotion Period to share 300,000 USDC in rewards.
Register for the Promotion Now!
#Write2earn #write2earn #WhalesWinning #ETFvsBTC $BTC
#Write2Earn BTXC
LIVEanilsingta
--
Hausse
#BTC Crossed $50K
#ETH Crossed $2600
#SOL Crossed $114
#BNB Crossed $326
#AVAX Crossed $40
Market Bullish Time came Already
Right time to become Millionaire only the way to HODL and earn profit
$SOL
#ETH Crossed $2600
#SOL Crossed $114
#BNB Crossed $326
#AVAX Crossed $40
Market Bullish Time came Already
Right time to become Millionaire only the way to HODL and earn profit
$SOL
#Write2Earn bitxcon
LIVE
Crypto PM
--
Hausse
5 Phases of The Bitcoin Halving
1. Pre-Halving Downside
The Pre-Halving Downside phase is officially over
It ended with this week's new Weekly Candle Close
Bitcoin has now officially transitioned into the Pre Halving Rally phase
2. Pre-Halving Rally
Approximately 63 days remain until the Bitcoin Halving in April 2024
And ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
With the recent Bitcoin breakout, it appears Bitcoin is even slightly ahead of schedule
In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"
Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally
Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself
3. Pre-Halving Retrace
After the Pre-Halving Rally has concluded...
A Pre-Halving retrace tends to occur a couple of weeks before the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all
4. Re-Accumulation
The Pre-Halving retrace is followed by multi-month re-accumulation (red)
This period can last up to 150 days (i.e 5 months)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving
5. Parabolic Uptrend
Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)
It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs
SOURCE: REKT CAPITAL ON X
$BTC
#Crypto #Bitcoin #bitcoinhalving
1. Pre-Halving Downside
The Pre-Halving Downside phase is officially over
It ended with this week's new Weekly Candle Close
Bitcoin has now officially transitioned into the Pre Halving Rally phase
2. Pre-Halving Rally
Approximately 63 days remain until the Bitcoin Halving in April 2024
And ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
With the recent Bitcoin breakout, it appears Bitcoin is even slightly ahead of schedule
In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"
Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally
Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself
3. Pre-Halving Retrace
After the Pre-Halving Rally has concluded...
A Pre-Halving retrace tends to occur a couple of weeks before the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all
4. Re-Accumulation
The Pre-Halving retrace is followed by multi-month re-accumulation (red)
This period can last up to 150 days (i.e 5 months)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving
5. Parabolic Uptrend
Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)
It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs
SOURCE: REKT CAPITAL ON X
$BTC
#Crypto #Bitcoin #bitcoinhalving
