as we know the last cycle coincided with the fed cutting rates and the money printing going crazy like brrrrr .
although we can expect at least another round of rate cuts in 2024 nothing is really guaranteed this cycle .
we've been seeing consolidation in the
If a sell the news event was going to occur after the halving we could expect a few weeks to a couple months of downward selling pressure on bitcoin price before major upside gains .
I don't say such scenario will happen but it's better to be prepared incase of such event .
what i personally do is just have 50 percent of my capital ready to invest if the markets go down as the result of a black swan event because we do have the institutional support this cycle but at the same time after about 4 years of experience in the markets i know that brokers and institutions love to liquidate the retail before major moves .
So i think although the trend is bullish in the long term we might have extra volatility in the short term and it pays to be ready for any possible move .
thanks for your time.
use this information with due diligence.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.