#BTC 5 Phases of The Bitcoin Halving1. Pre-Halving periodJust over 100 days remain until the Bitcoin Halving in April 2024Historically, any deeper retraces that occur during this period tend to generate fantastic Return On Investment for investors in the several months after the HalvingCould this retrace be a result of hype and speculation surrounding the Bitcoin ETF finally being resolved?That means a deeper retrace could occur within the upcoming two months or so, between now and early MarchThis upcoming two month period will be crucial as any retrace during this period will likely represent the final bargain-buying opportunity for Bitcoin2. Pre-Halving rallyThen ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)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 rallyThen 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 itself3. Pre-Halving retraceA Pre-Halving retrace tends to occur around the Halving event itself (dark blue circle)In 2016, this Pre-Halving retrace was -38% deepIn 2020, this Pre-Halving retrace was -20% deepThis Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all4. Re-AccumulationThe Pre-Halving retrace is followed by multi-month re-accumulation (red)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 Halving5. Parabolic UptrendOnce Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs #Crypto #Bitcoin
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