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@Blockchainer

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4 Phases of The Bitcoin Halving 1. Pre-Halving Rally Approximately 35 days remain until the Bitcoin Halving in April 2024 History has repeated in this respect Now, Bitcoin is slightly more halfway through its Pre-Halving Rally phase Even so, Bitcoin has performed a historic, never-before-done feat in its price action in the Pre-Halving period... It has broken to new All Time Highs This Pre-Halving Rally phase has thus been extensive,However technically, the next step is a Pre-Halving Retrace.Historically, 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 2. Final Pre-Halving Retrace After the Pre-Halving Rally has concluded... A Pre-Halving retrace tends to occur a few 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 Also, this Pre-Halving Retrace could also be much shorter than has otherwise been the case historically 3. 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. 4. 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 into a parabolic uptrend Historically, this phase has lasted just over a year (~385 days) however with a potential Accelerated Cycle occurring right now, this figure may get cut in half in this market cycle $BTC #Crypto #Bitcoin #Write2Earn‬
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