- Rekt Capital has analyzed the five phases of the Bitcoin halving.
- The phases include Pre-Halving Period, Pre-Halving Rally, Pre-Halving Retrace, Re-Accumulation, and Parabolic Uptrend.
- Pre-Halving Retrace instills Fear, Uncertainty, and Doubt (FUD) among investors.
Rekt Capital, a renowned crypto trader and analyst, has analyzed the five phases of the Bitcoin halving. The analyst shared his thoughts on X (formerly Twitter), explaining what he expects to happen in the remaining days before the upcoming Bitcoin halving event.
#BTC5 Phases of The Bitcoin Halving
1. Pre-Halving period
Approximately 5.5 months remain until the Bitcoin Halving in April 2024
Historically, any deeper retraces that occur during this period tend to generate fantastic Return On Investment for investors in the several… pic.twitter.com/oINuoCu8f5
— Rekt Capital (@rektcapital) October 28, 2023
The crypto analyst divided the period before the Bitcoin halving into five phases: Pre-Halving Period, Pre-Halving Rally, Pre-Halving Retrace, Re-Accumulation, and Parabolic Uptrend. He shared a screenshot of his technical analysis, using it to explain the five phases of Bitcoin Halving.
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