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@thescalpingpro

#Bitcoin has topped out ? 🤔

A consolidation or dip after the Bitcoin halving is very common, as seen in each cycle. Historically, these dips have been a good time to accumulate some Bitcoin.

Many people confuse this with distribution or a cycle top and end up selling early or staying on the sidelines for the best part of the rally, which starts a few months after the halving.

Let's see what happens if you sell your bitcoins during dips after the halving -

In 2012, you'd miss a +12,100% gain

In 2016, you'd miss a +4,000% gain

In 2020, you'd miss a +700% gain

In 2024, if Bitcoin reaches $200k, you might miss a +250% gain.

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June 28, 2024 at 7:34 AM
Twitter@thescalpingpro|07:30 AM - Jun 28, 2024
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