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BTC Halving Impact Analysis

时间:2024-05-03|浏览:272

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BTC halving just completed

and BTC corrected by 10-15%, causing people's sentiment to turn bearish again.

Alts corrected as expected.

I was expecting a 20% correction, but it turned out to be 30-32%.

The market always corrects after halving and removes these weak hands from the market;

it's normal in every cycle.

As always, these weak hands can't catch the bottom.

People know how the cycle works, but they still panic.

Keep in mind the sideways movement before a big rally.

Zoom out and watch the higher time frame. Don't worry, let me analyze it for you.

That's how people always panic at the bottom and FOMO at the top.

Q2 Sideways.

Q3 & Q4 Expention

Weekly Candle body close above 58940 = Bullish SFP And bullish Po3 and Resume Pump

Weekly body close below 58940 = Develop Range and accumulation & will fill monthly VOID before expansion.

LONG TERM BIAS = BULLISH .

热点:BTC IMPACT

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