๐๐๐ง๐๐ข๐๐ก ๐ฃ๐ฅ๐๐๐ ๐จ๐ฃ๐๐๐ง๐
ย
Bitcoin had an amazing run in Q1 as it pumped by over 65%
ย
Here's how the rest of the Bitcoin cycle will play out:
ย
1โฃ Pre-Halving Correction
ย
BTC is already down over 10% from its ATH.
ย
With Grayscale outflows, US government BTC selling, and US tax season, BTC could go down 10%โ15% before reversal.
ย
2โฃ Post-Halving Accumulation
ย
This period lasts from 3โ6 months, during which whales accumulate while BTC hovers around its ATH.
ย
This is the period of calm before the big storm.
ย
3โฃ Post-Halving Parabolic Runย
ย
Once whales and big entities are done with accumulation, BTC scarcity kicks in, causing parabolic price action.
ย
This is the period where BTC will break ATH every week or two, along with alts pumping 50%โ100% in a day.
ย
So, have some patience, as the BTC cycle is playing out exactly as the previous ones.
For all the people who want me to condemn the army:
I condemn them for creating PMLN n PTI, then putting imran khan in power then taking him out then rigging the elections then putting nawaz in power.
Such shameful acts this army has done.
I however condemn the real army of 250 million imbeciles who keep yapping about how they are oppressed and not taking over by accepting Islam.
THOUGHTS ON THE MARKET -
Bitcoin price is hanging around $44k
because many are expecting the BTC
ETF by Jan 10th. if ETF gets approved,
we can see quick pump to $48k - $52k
If ETF gets rejected or delayed, we will
see a sudden Bitcoin dump to $38k or
even lower. Many applicants will sue
SEC like grayscale did and judge ruled
in grayscaleโs favor. So we will get the
ETF approved eventually if not by 10th.
Altcoins are dumping hard because of
these two 2 main reasons
1) Many taking profit incase ETF gets
rejected and market goes to shit
2) Money is moving to BTC because
many feel ETF will get approved and
Bitcoin will pump hard
Iโm bullish on the market going into
2024 - 2025. ETF will get approved
eventually, Bitcoin halving is coming,
Interest rate cuts and market 4 year
cycle says end of 2024 to mid 2025
is gonna be giga bullish for crypto.
New millionaires will be made in next
12 - 18 months. Hold tight and donโt
let any short term corrections shake
you out of the market.
You will become a first millionaire in
your family. Believe in yourself. Claim it
Hit Like and retweet if I should do this
market thoughts more often.
Looking forward jump into the bull market with the one and only crypto pioneer #WaqarZaka . He is the best when it comes to analysis of the market.
#BitcoinETF#Bitcoin
Turning $1000 into $4000? Here's my plan. I'm buying SEI tokens on @BitgetPakistan , then transferring them to my COMPASS Wallet. Next step: minting DOGE, SEIS, and PUNK at https://t.co/eNhgc4LoPh. Then, I'll swap $20 each for Seiyan, Cook, and Seiga at https://t.co/bkak1imjgh. Having led the largest Urdu crypto community since 2014, I'm now expanding to all languages with the help of cool AI tools. Let me know in the comments: Can I double my money with the SEI ecosystem? Follow for daily Web3 updates! Let's see how much I earn in this Bull Run @SeiNetwork@seiyantoken9000