fibonaccispiral618

Fakeout and then new low before the halving and bull run

BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
I'm here to share my optimistic take on Bitcoin's potential trajectory! It's invigorating to witness the likelihood of BTC soaring to the 35k mark in the short term. And here's where the excitement escalates: as we approach this milestone, we might also witness a reversal, potentially dipping to take out the last low at 15.5k.

This prospective dip could present an incredible opportunity to employ Dollar-Cost Averaging (DCA) strategy, allowing us to accumulate more crypto holdings at a discounted rate. This strategic move positions us favorably before the upcoming halving and the anticipated bull run. With this approach, we're primed to ride the wave to new All-Time Highs (ATH), with the tantalizing possibility of reaching the 100k mark.

By the way, we have 8 months left until the halving. Imagine the surge in interest and engagement in crypto during this time!

Remember, the halving event has historically been a catalyst for significant bullish market shifts. As miner rewards are halved, we tend to see a decrease in new BTC circulating. This often sparks heightened demand and potential bull markets, driving us toward exhilarating milestones.

For those curious about the countdown to the halving, you can track it here: Halving Countdown. As we revel in these exciting times, let's keep in mind the broader market context and the various elements at play.

Feel free to jump into the discussion with your thoughts and perspectives!
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