Bitcoin 4th Halving...the next best opportunity...BUY the DIP!

The fourth Bitcoin Halving is about 5 months away (April 23rd,2023). In the past 2 halving's we have seen a decline in the price in the month(s) leading up to the event. Then, proceeding to have a rally to new All TIME HIGHs. It is my opinion, that any significant dip to the $17,000-$25,000.00 would be the last BEST opportunity to buy at the low prior to making ALL TIME HIGHs of approximately $220,000 within 1-2 years.

Comment:

We are about 2 months away from the 4th Bitcoin Halving! That being said, we have not experienced any downturn or change of character from bullish market structure to bearish market structure. We recently had a BoS or break of market structure (which is a confirmed continuation of bullish pressure).

So that leads me to this update. I have drawn a couple of scenarios in the following chart update.

Scenario #1 -->> Bullish pressure leads to new All Time Highs and confirms the next bull run.

Scenario #2 -->> The Bearish come in and change the bullish character of the market to Bullish character and we have the anticipated pull back. Just not at the price levels I was anticipating. In either scenario, I'm bullish. Scenario #2 just allowed for another buying opportunity at favorable prices before the bull run.