Bitcoin

Rekt

<ul class="news-points"> 
 <li><strong>Rekt Capital believes Bitcoin’s pre-halving behavior will happen despite ETF impact.</strong></li> 
 <li><strong>Bitcoin performs pre-halving retracements 14 to 28 days before the halving event.</strong></li> 
 <li><strong>The analyst revealed there would also be a post-halving accumulation before a parabolic upside movement for BTC.</strong></li> 
</ul> 
<p>According to Rekt Capital, a renowned crypto analyst on X, the current bull cycle will retain the fundamental trend pattern preceding Bitcoin halving despite significant impact from the ETF. The analyst acknowledged the newly launched ETFs have played a role in how the Bitcoin market has developed. However, he believes there will be a pre-halving retracement, like in the previous bull cycles.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> <br><br>"This cycle is different because of the ETF"<br><br>Sure but it looks like that doesn't protect price from a Pre-Halving Retrace which tends to happen in every cycle<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> <a href="https://t.co/mOe3oSmlBy" target="_blank" rel="nofollow">pic.twitter.com/mOe3oSmlBy</a></p>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1769115559235301587?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">March 16, 2024</a>
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<p>In one of his <a href="https://twitter.com/rektcapital/status/1769113025405980968?t=RP-1wnnkg_x3MKsoJI4rNQ&amp;s=19" target="_blank" rel="nofollow">posts</a>, Rekt Capital predicted Bitcoin is a few days away from entering the “Danger Zone.” According to him, the Danger Zone is where the pre-halving retracement begins. He used historical data to explain that Bitcoin performs p…</p>
<p>The post <a href="https://coinedition.com/bitcoin-is-gearing-up-for-pre-halving-retracement-crypto-analyst/">Bitcoin is A Few Days Away From Entering The “Danger Zone” – Analyst</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin is A Few Days Away From Entering The “Danger Zone” – Analyst

Coin Edition

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