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SnarkyPuppy
Jan 19, 2023 7:19 AM

BTC Halving Count Down = 1 year & 2 Months . Accumulation Zone? Long

Bitcoin / U.S. dollarBitstamp

Description

Posting this up as reference . . . DCA 2023

Looking at the history, different cycles have had various bottoming patterns but over the next year the risk to reward seems to be good. if you can get the average price of the next year via DCA maybe post halving will show positive returns.

Comment

I will also mention that you will notice that there is usually volatility and a second low during the next year. (higher low sometimes but still a significant downward trend.

Also this information is so widely known and so It will be interesting to see how this plays out now that this is the 4th time we have had this event.

Exciting times.
Comments
TheCryptagon
A rich with information post. Thank you!
bluedog360
woof
InvestingScope
You may be right. This can be the start of a whole new move.
SnarkyPuppy
@InvestingScope, Hi Investing scope you could be correct, and I expect prices to be below 20k at various times this year. I believe my thoughts here are that in the long term it does not change the fact that this is a great time to pack bags for the bull run without having to "rush" to get a position for the 2024 halving bull run
SnarkyPuppy
@SnarkyPuppy, Not Financial advice just the ideas of a poor trader.. lol
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