tkarolak

Halving Bull Run Around the Corner, Correction Over?

Long
INDEX:BTCUSD   Bitcoin
As I pore over the charts, I can't help but draw parallels to the post-ATH fractal from 2020.

With the halving event on the horizon, I’m contemplating the possibility of history repeating itself. The anticipation is building up. Is this the lull before the storm of a bull run? Could the correction be over, setting the stage for a rally akin to the one we saw after busting ATH around previous halving? 1st we need to breakout from download sloping resistance and play out the "Bump and run" pattern.

It’s a fascinating thought, and while the markets are notoriously unpredictable, I find myself pondering if this could indeed be a plausible scenario. The fractal seems to be playing out, and if the cycle continues as it has in the past, we might just be at the precipice of the next big surge.

One thing's for sure: I'll be watching the charts closely, ready to ride the wave should the bull run commence.

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