OldCurrencyHunter
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#BTC# Many people in the market are in panic. The old hunter comes to stabilize the army, first making an overall prediction based on the historical halving pattern. I said before each halving there was a big dump, and the price won't break through 73000 before the halving. Those who chased at the high may be trapped for a few months. A bunch of leverage experts shouting that ETF has been approved, going all in. No time to argue with them, after all, everyone has the right to their own opinions. The old hunter shares his opinion as a reference for you, not as trading advice. Many trading advice involves karma, so it's best not to give advice, and to take responsibility for your own gains and losses. Giving advice would lead to shared karma, and may instead cause resentment.

How long after the third halving does the bull market start? Sharing the personal summary of the old hunter:

A bull market that started 40 days after the first halving, but it is not of much reference value. After all, there was no experience or reference value for the first time.

The second halving took place in June 2016, and it took 164 days after the halving to truly break through the previous high point of the halving favourable information. However, BTC was in the bottom area.

After the third halving, there was an upward trend with a bullish candlestick 69 days later on May 12, 2020, marking the beginning of a new phase of the market.

The fourth halving will take place on April 20, 2024. According to the time cycle of previous bull markets after halving, it is highly likely that this round of bull market will start around 69 or 169 days after the halving. That is, around early July or October 8, 2024. Where exactly it will start remains to be seen.

The old hunter's point of view is that, in terms of time cycles, the probability of continuing to consolidate until October is 0, because it has been consolidating between 60,000 and 70,000 for more than 3 months. If we calculate based on the 169-day cycle after the halving, it will continue to consolidate for more than 4 months. No bull market conforms to the pattern of consolidating at a high level for 7 months or more. Consolidation lasting for 7 months or more only occurs in the bottom area, not in the top area or the rising relay area. Therefore, the old hunter's personal opinion is that the market is likely to start the final major uptrend in July. Due to limited text, I will continue to explain why it is more reasonable to start the bull market in July. When do you think the post-halving bull market will start? #BTC#
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