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<ul class="news-points"> 
 <li><strong>PlanB questioned in a tweet today whether the BTC halving trading strategy will be effective again.</strong></li> 
 <li><strong>At press time, BTC was trading at $30,650.72 after it gained 0.40% over the past 24 hours.</strong></li> 
 <li><strong>A medium-term bearish chart pattern was forming on BTC’s daily chart which may lead to a price drop.</strong></li> 
</ul> 
<p>The crypto analyst PlanB questioned in a tweet whether purchasing <a href="https://coinedition.com/bitcoins-third-halving-marked-a-turning-point-for-hodl-behavior/">Bitcoin (BTC) six months before the halving</a> and selling BTC 18 months after the halving will prove to be an effective strategy. This trading approach has historically generated better returns than a simple buy-and-hold strategy, according to the analyst.</p> 
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   <p lang="en" dir="ltr">[Buy bitcoin 6 months before a halving and sell 18 months after a halving] has historically beaten [buy&amp;hold]. The next halving is in April 2024 … will this strategy work again?<a href="https://t.co/9kjaCUulwb" target="_blank" rel="nofollow">https://t.co/9kjaCUulwb</a> <a href="https://t.co/cbO80Ym7iC" target="_blank" rel="nofollow">pic.twitter.com/cbO80Ym7iC</a></p>— PlanB (@100trillionUSD) <a href="https://twitter.com/100trillionUSD/status/1675822934785511426?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 3, 2023</a>
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<p>At press time, <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">CoinMarketCap</a> indicated that BTC was changing hands at $30,650.72 after it gained 0.40% over the past 24 hours. This positive daily performance added to BTC’s positive weekly performance, pushing the total weekly gain to 1.03%.</p> 
<p>BTC’s trading volume also saw an increase in th…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/btc-halving-trading-strategy-may-prove-to-be-effective-analyst/">BTC Halving Trading Strategy May Prove to Be Effective: Analyst</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

BTC Halving Trading Strategy May Prove to Be Effective: Analyst

Coin Edition

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