🅱️ Looking Into Bitcoin's Halving (The Year Of Abundance, 2024)
Since Bitcoin's creation we have a total of three halving events; 2012, 2016 and 2020.
The next halving event is set to occur somewhere around April 2024.
Before each halving event we get a correction, that is what I would like to say.
Before the 2012 and 2020 halving event we had a correction, there is a variation in 2016 and the correction happened right after the halving, one month red...
After each halving event we have a major bull-market that ends in a new All-Time High (ATH), no exception.
We can say with a high level of certainty that we will have a bull-market in 2024/2025 ending in a new All-Time High, we all agree. Fundamentals are great and continue to improve, the chart agrees.
Now, the correction... Pre- or post-halving?
2020 Has more weight than 2016 for us, because the market was much younger in 2016, 2020 is closer to this date and Bitcoin is now mainstream while in 2016 it was back-stream.
Current price action, geo-politics, global finance and current market sentiment are all pointing towards a correction leading to the halving...
Now, the next bull-market will be really big. The Federal Reserve in USA is set to start lowering interest rates March this year, which means that money becomes cheaper which in turns means that everything financial markets related grows.
âž– When the Fed raises interest rates, things tend to crash.
âž– When the Fed lowers interest rates, things tend to grow.
That's the business market cycle for you.
On top of lower interest rates we are set to experience the biggest and widest monetary expansion cycle in the history of the United States of America, having them the reserve currency of the world, this will affect everybody. Trillions upon trillions upon trillions of newly printed USD will go into circulation in the next five years and this should be a positive in many ways.
It has it downsides but for us mere mortals, average human beings, it simply means that it will be easier to pay our rents.
Bitcoin's correction is on but this is also true for conventional markets... Once the correction is over, prepare for a year of abundance, prosperity and growth... Welcome to 2024.
Namaste.
The next halving event is set to occur somewhere around April 2024.
Before each halving event we get a correction, that is what I would like to say.
Before the 2012 and 2020 halving event we had a correction, there is a variation in 2016 and the correction happened right after the halving, one month red...
After each halving event we have a major bull-market that ends in a new All-Time High (ATH), no exception.
We can say with a high level of certainty that we will have a bull-market in 2024/2025 ending in a new All-Time High, we all agree. Fundamentals are great and continue to improve, the chart agrees.
Now, the correction... Pre- or post-halving?
2020 Has more weight than 2016 for us, because the market was much younger in 2016, 2020 is closer to this date and Bitcoin is now mainstream while in 2016 it was back-stream.
Current price action, geo-politics, global finance and current market sentiment are all pointing towards a correction leading to the halving...
Now, the next bull-market will be really big. The Federal Reserve in USA is set to start lowering interest rates March this year, which means that money becomes cheaper which in turns means that everything financial markets related grows.
âž– When the Fed raises interest rates, things tend to crash.
âž– When the Fed lowers interest rates, things tend to grow.
That's the business market cycle for you.
On top of lower interest rates we are set to experience the biggest and widest monetary expansion cycle in the history of the United States of America, having them the reserve currency of the world, this will affect everybody. Trillions upon trillions upon trillions of newly printed USD will go into circulation in the next five years and this should be a positive in many ways.
It has it downsides but for us mere mortals, average human beings, it simply means that it will be easier to pay our rents.
Bitcoin's correction is on but this is also true for conventional markets... Once the correction is over, prepare for a year of abundance, prosperity and growth... Welcome to 2024.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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.