@WhaleFUD Now people focussing more on chinese coins
Chinese hype is still here
$pepe has $PEIPEI (100M)
$WOLF has $LANDWU (25M)
$ANDY has $? ...
Here is $Andwu , chinese Andy sitting around 250k
We are at the START of the Biggest #BullRun in History
#Binance Announced That They Will Be Listing New #Altcoins
Coins Listed On Binance Pump First ๐
10 Coins That Could Soon be Listed On Binance ๐งต ๐๐ป
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$ALTS
Altcoin Market Cap has performed two historic retests
The green and yellow circled ones
Both performed in succession have preceded phenomenal upside in Altcoin Market Cap
#BTC#Crypto#Bitcoin
$LINK
Bounce happening already
Let's see if it's enough to register a Weekly Close above the top of the red box for a bullish trigger
#LINK#Crypto#Chainlink
#BTC
5 Phases of The Bitcoin Halving
1. Pre-Halving period
If a deeper retrace is going to occur, it will likely be over the next 140 days or so (orange)
In fact, $BTC retraced -24% in 2015 and -38% in 2019 at this same point in the cycle (i.e. ~200 days before the Halving)
A -30% drop from current prices would see Bitcoin revisit ~$20,000
2. Pre-Halving rally
Then ~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"
3. Pre-Halving retrace
A Pre-Halving retrace tends to occur around the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace makes investors question whether the Halving was a bullish catalyst on price after all
4. Re-Accumulation
The 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 Halving
5. Parabolic Uptrend
Once 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