Here is one of the amazing calls made by @Larry_Poppinz today, called $BANE at ~100k almost 40x!
If you were in you wouldn't even have felt the "crash"
Everyone's down bad but @Trenchestriumph is cooking. They really gonna let us get away with it @Babar_NFTs@SinceImBored?
Degens, We've seen a worse crash for sure. If you are panic selling, then maybe this place is not for you. On the other hand, if you are in @Trenchestriumph, then you should be one of the few degens that is still printing. We don't panic sell,we hodl and make it back in one trade
1/ An investigation into how the influencer Crypto Rover ghosted a project he was paid to promote, mislead followers about his trading positions, and also his shills for pump and dump meme coins.
#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
Welcome to the new Era.
In the previous cycle, financial giants gained media attention by being against Crypto.
In 2023 they gain media attention by standing With Crypto.
Congrats You are Early Adopters.