Important Phases in Bitcoin Halving

[Suba]

Currently, crypto lovers are busy observing the movement of the Bitcoin halving, of course so that their goal can be achieved to make big profits. Based on the history of Bitcoin, there are two important phases that we must pay attention to in the Bitcoin halving. Pre-halving phase, in general the price of Bitcoin will fall around 70 days before the Bitcoin halving occurs which is likely to occur in April 2024. In 2016, in this phase, the price of Bitcoin fell 40%, while in 2020 it fell 20%. On this occasion/phase smart investors will collect Bitcoin. Post-halving phase, after completing the turbulence and reaccumulation phase, Bitcoin will enter the bullrun phase and create a new ATH, which takes approximately 360 days.
Disclaimer:
Even though history will not definitely happen or repeat itself in the future, at least we have a benchmark in anticipating the Bitcoin halving.

 

[Goldynn89]

I think there would be a correction in the next year and that's when I'm preparing to buy some. When you loom at the long term though, most altcoins are in a great place to make a purchase.