Let's get excited again!
The last time the output was halved in 2016, it took 217 days of shock consolidation after the halving before the vigorous bull market process began.
The last time the output was halved in 2020, it took 182 days of shock repair after the halving before the violent rise was officially confirmed.
This time the output will be halved in 2024, and it has been more than 160 days of shock digestion since the halving. If we look at the experience of 180-220 days, there may be another 20-50 days.
Position determines success or failure!
Wait quietly, miracles will come. The fourth quarter sets sail and blows the horn. $BTC
