Possibility of setting up a post-halving 'sell the event'
Remember April 2021? We were thinking about blue skies and Lambos and Jim Cramer exclaimed Bitcoin was the real deal and poof... summer of despair (part one). Are we setting up for a post-halving event pullback this year?
So far these upward lines have been right-on-the-money indicators of resistance and support. We could come back and consolidate here, with a slight uptrend (like March 2023), before the next real push up to the halving.
All of this is complete speculation. Do your own research, it's fun and rewarding! Not financial advice, I am not a financial advisor nor licensed therapist, etc. etc.
So far these upward lines have been right-on-the-money indicators of resistance and support. We could come back and consolidate here, with a slight uptrend (like March 2023), before the next real push up to the halving.
All of this is complete speculation. Do your own research, it's fun and rewarding! Not financial advice, I am not a financial advisor nor licensed therapist, etc. etc.
Comment:
Manipulation will come in hard at some point, we all know that. When will the next 'sell the event' be? I have what I consider to be a more conservative outlook. But I am all for being happily surprised.