Rally

Parabolic

Bitcoin

April

Rekt

<p>The Bitcoin halving is fast approaching, with just 97 days to go, to be precise. Often, analysts see this reduction in BTC miners’ rewards as the signal for a bull run. Before we enter this phase, let’s explore together the various stages that make it up.</p>
<h2 id="h-the-bitcoin-halving-step-by-step">The Bitcoin halving step by step</h2>
<p>In a recent analysis, <a href="https://www.cointribune.com/halving-bitcoin-btc-glassnode-avance-une-date-precise/" target="_blank" rel="noopener noreferrer nofollow">Glassnode</a> suggested that “<em>the next halving is expected to occur in about 130 days</em>.” At that time, no specific date had been announced. However, this crypto data expert remains convinced that <strong>the 4th BTC halving will take place on April 23, 2024</strong>.</p>
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<p>In his post dated January 13, the trader and crypto analyst REKT detailed 5 key stages of the Bitcoin halving.</p>
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     <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BTC</a><br><br>5 Phases of The Bitcoin Halving<br><br>1. Pre-Halving period<br><br>Approximately 90 days remain until the Bitcoin Halving in April 2024<br><br>Historically, any deeper retraces that occur during this period tend to generate fantastic Return On Investment for investors in the several months… <a href="https://t.co/ZzgQb6Rovx" rel="noopener noreferrer nofollow">pic.twitter.com/ZzgQb6Rovx</a></p>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1746147846330491085?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 13, 2024</a>
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  The 5 key stages of the bitcoin halving
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<h3 id="h-pre-halving-period">Pre-Halving Period</h3>
<p>As announced at the start of this article, there are about <a href="https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00" target="_blank" rel="noopener noreferrer nofollow"><strong>approximately</strong> <strong>90 days</strong></a><strong> until the Bitcoin halving</strong>. According to Rekt:</p>
<p>“<em>Historically, the <strong>deeper retracements</strong> that occur during this period tend to generate a fantastic <strong>return on investment</strong> for investors in the months following the Halving.</em>“</p>
<p>Thus, this period is conducive to buying bitcoins knowing that a “<em>30-day window</em>“, located between the pre-Halving and the pre-Halving rally, will favor the occurrence of a deeper retracement.</p>
<h3 id="h-pre-halving-rally">Pre-Halving Rally</h3>
<p>This rally will show up approximately <strong>60 days before the Halving</strong>, which is in about a month’s time. On this occasion, investors will engage in practices associated with the phenomenon of “Buy the Hype” in order to maximize the benefits of the “Sell the News.”</p>
<p>“<em>Short-term traders and <strong>speculators ‘Buy The Hype’ several weeks before</strong> the halving, hoping to profit from this rally fueled by hype. Then, these speculators ‘Sell The News’ to realize this profit, thus contributing to a retracement before the drop that occurs only a few weeks before the Halving event itself</em>,” notes Rekt.</p>
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<h3 id="h-pre-halving-retracement">Pre-Halving Retracement</h3>
<p>This is a retracement that tends to repeat with each Bitcoin Halving. It was valued at -38% in 2016, and -20% in 2020.</p>
<p>Clarification:</p>
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<p>“<em>This retracement can last several weeks, leading investors to wonder if the ‘Halving’ has ultimately been a bullish catalyst for prices.</em>“</p>
<h3 id="h-re-accumulation">Re-accumulation</h3>
<p>This re-accumulation phase can stretch over several months, potentially shaking investors due to the boredom experienced. Some might lose patience and end up disappointed because of an “<em>absence of major results in their BTC investments immediately after the Halving</em>.”</p>
<h3 id="h-parabolic-uptrend">Parabolic Uptrend</h3>
<p>This is where the Bitcoin bull run predictions, where its price may hit six, or even seven figures, as anticipated by <a href="https://www.cointribune.com/bitcoin-adam-back-anticipe-700-000-pour-ce-halving/" target="_blank" rel="noopener noreferrer nofollow">Adam Back (CEO of Blockstream)</a>, come true.</p> 
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<p>“<em>It is during this phase that Bitcoin experiences accelerated growth and reaches new all-time highs</em>,” concludes Rekt.</p>
<p>“””</p>

The Bitcoin Halving in 5 phases!

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