Unveiling the 2024-2025 Price Revolution Post-HalvingIntroduction:
In anticipation of Bitcoin's fourth halving scheduled for April this year, let's delve into historical price patterns to assess potential heights Bitcoin might reach in the years 2024-2025 and when the anticipated start of the next bull run may occur.
Historical Analysis:
First Halving (28-11-2012):
A year before this event, Bitcoin was modestly priced at $2.48. As the market turned bullish, it climbed to $12.20 at the halving and continued its ascent. A year later, it peaked at $1,131.
Second Halving:
Before this halving, Bitcoin had fallen to $269 but rebounded to $650 by the time of the event. It soared for about a year post-halving, reaching an impressive $2,518.
Third Halving:
The cycle repeated, with Bitcoin dropping to $7,255 before the third halving. It then modestly rose to $8,762 at the halving and significantly surged to $56,615 a year after.
Analyzing the Fourth Halving:
The fourth halving is expected in April this year in the current cycle. A year before this date (April 2023), Bitcoin had an uptick to $31,000. This suggests a strong likelihood of a substantial rise post the fourth halving, potentially lasting until April-August 2025 and surpassing the previous high of $69,000.
Key Takeaway:
Bitcoin's price behavior exhibits remarkable consistency around each halving. It gradually begins to rise a year before the halving and continues for 12-16 months post-halving, reaching new peaks before entering a bearish phase.
Investment Strategy:
For long-term investors, understanding these patterns is crucial. The peak for this cycle might be between April - August 2025. It would be strategic to start exiting the market gradually at this point.
Conclusion:
As we analyze historical patterns, Bitcoin's potential trajectory in the coming years appears promising, emphasizing the importance of strategic investment decisions in light of the upcoming halving event.
EDIP
#edip will pump hardly? #edipgayrimenkul yukariGreatly accumulated chart, a nice breakout and successful retest. My expectations are high if #xu100 index allows. NOT FINANCIAL ADVICE.
Büyük ölçüde birikmiş grafik, güzel bir çıkış ve başarılı bir yeniden test. #xu100 endeksi izin verirse beklentilerim yüksek. FİNANSAL TAVSİYE DEĞİLDİR.
this pump is bullish rally or biggest trap in 2023?we can notice 3 important resistance in weekly time frame .
1- the upper side of descending channel
2- the orange resistance
3- the 200 MA
these 3 are located in concourse point
it's require a massive liquidation to breakout the concourse point ... but as u see in the chart There are no clear signs of strong liquidity.
so we have 2 Scenario.
1- it's trap and sign of bear market
2- weekly close above 200MA and this will be a sign to raise to 28000$
Anyway, the decision to trade now is high risky
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