A look at prior halvings BTC behaviour - DUMP IMINENT?
Top is now
Middle i 2016 bull market
Bottom is 2020 bull market
Looks more similar to 2016 bull market because we are having a similar action after the halving
Down first, then sideways, then breakout, then accelerate up to now 177 days after the halving.
Next step is a BIG consolidation to wipe out all overleveraged longs
whilst the 2020 bull market had an acceleration prior and consolidation about 80 days after halving
Act accordingly
GL HF GG
Middle i 2016 bull market
Bottom is 2020 bull market
Looks more similar to 2016 bull market because we are having a similar action after the halving
Down first, then sideways, then breakout, then accelerate up to now 177 days after the halving.
Next step is a BIG consolidation to wipe out all overleveraged longs
whilst the 2020 bull market had an acceleration prior and consolidation about 80 days after halving
Act accordingly
GL HF GG
Stop loss in
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Stop loss in
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.