$34,000 a #Bitcoin by the Halving ? ๐ค
In past cycles #BTC price was successively at -56%, -54% and -52% decrease from previous ATHs when the halving occurred.
If this pattern were to repeat Bitcoin could be gravitating around $34k by next halving which coincide with -50% decrease from its previous ATH.
That would be the last chance to accumulate BTC at such price imo.
#Bitcoin HALVING is around the corner.
This chart shows you the price action before and after halving.
The 4-month period just before halving has been the best time to accumulate. In this period, $BTC forms a small consolidation and then explodes after halving.
Is your fiat ready for the accumulation?๐ฅ
#Bitcoin is about to print the first ever Golden Cross on a weekly chart
Historically, $BTC has not broken below the 200 WMA in any bear market, except for this one.
We also witnessed the first ever D e a t h Cross back in Feb 2023.
Later, price reclaimed the 200 MA and is about to invalidate the D e a t h Cross by forming the first-ever Golden Cross๐ฅ