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Author Topic: Let the countdown begin❗️  (Read 263 times)
davis196
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April 09, 2024, 10:48:38 AM
 #41

The history of Bitcoin has shown that the big bull runs happen several months after the BTC halving, not several days after the halving.
With that being said, I don't understand the excitement about an event, that has almost nothing to do with the supply and demand on the Bitcoin markets. Maybe the theories about BTC "breaking the cycle" and having a big bull run right after the halving will come true, but I'm skeptical about this. I expect the selling pressure to overcome the "halving FOMO phase" and this would lead to a price correction during the second half of April.

Reid
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April 09, 2024, 11:17:05 AM
 #42

11 days left huh? That fast. Last time I checked it was a year ago but here we are.

What do we expect?
My thoughts are still stuck at the December 2017 upward spike although it was not a halving year. The halving happened in July 2016 but the big fluctuation happened the next year and then a sudden dump.
Up until the next halving I felt the same, not expecting something after the halving, the reactions are always late and I think this season will have the same feeling. But that's just my own prediction.
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