BITCOIN IS GOING TO $200K ?

Phases of The Bitcoin Halving 🚀

1️⃣ Pre-Halving Period

Approximately 4.5 months until the Bitcoin Halving in April 2024. Historically, deeper retraces during this time yield fantastic ROI post-Halving.

2️⃣ Pre-Halving Rally

~60 days before the Halving, a rally (yellow) occurs. Investors "Buy the Hype" to "Sell the News" anticipating the upcoming event.

3️⃣ Pre-Halving Retrace

A retrace around the Halving (White Line). In 2016, it was -38%, and in 2020, -20%. This makes investors question the Halving's bullish impact.

4️⃣ Re-Accumulation

Post-retrace, a multi-month re-accumulation phase (red). Many get shaken-out due to impatience, boredom, and disappointment with immediate results.

5️⃣ Parabolic Uptrend

Breaking out from re-accumulation leads to a parabolic uptrend (green). Bitcoin accelerates towards new All-Time Highs.

After breaking out from re-accumulation (green), Bitcoin undergoes accelerated growth, surging towards new All-Time Highs