#BTC
Historically, Bitcoin has broken out from its post-Halving ReAccumulation Range 150-160 days after the Halving
Currently, it is 157 days after the Halving
History suggests Bitcoin should be getting ready for a breakout soon
But it's important to note that the lingering rate of acceleration in this cycle is still some ~70 days or so
So the question is:
- Does history repeat itself with a breakout soon?
- Or does Bitcoin need to consolidate a little bit more, to reduce the rate of acceleration in the cycle further and breakout later but potentially enable a longer Bull Run?
$BTC #Crypto #Bitcoin