Understanding the Three Crucial Stages Before Bitcoin's Parabolic Growth

Saturday, 13 April 2024, 16:05

Discover the significance of Bitcoin's pre-halving retrace, re-accumulation phase, and parabolic uptrend in capitalizing on potential profits. Learn how market movements and historical data can influence trading decisions, providing insights into Bitcoin's current price levels and future trajectory.
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Understanding the Three Crucial Stages Before Bitcoin's Parabolic Growth

Bitcoin Halving Shakeout: 3 Stages to Monitor

Bitcoin surprises with a $65,000 drop amidst the market sell-off, facing resistance at $68,000 pre-halving. Crypto analyst identifies key stages: pre-halving retrace emphasizing bargain opportunities, re-accumulation as foundation, and parabolic uptrend for accelerated growth.

Final pre-halving retrace

The initial price adjustment with an 18% retracement signals a phase of adjustments before the halving, providing potential bargains for investors.

Re-accumulation phase

The sideways movement phase sets the stage for growth, although some investors may face impatience and boredom during this time.

Parabolic uptrend

Accelerated growth post-re-accumulation as bullish sentiment drives Bitcoin to new highs. Current market conditions suggest potential for a faster cycle, influenced by factors like the recent high and ETF impact.


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