Here’s Why the Bitcoin Halving Is NOT Priced In
Write a 1000-word comprehensive and engaging article from the script the Bitcoin Haring is not priced in and we’re going to be talking about this in a lot more detail in today’s video because historically whenever we’ve seen a harving we’ve seen phenomenal upside in bitcoin’s price action every time breaking Beyond its old all-time highs rallying to new alltime highs and Beyond and of course we’ve seen the same thing happen in this cycle which is only a testament to this chart proceed leing that upside being a predictive indicator of that upside so we’ll be talking about this chart and a lot more in today’s video so subscribe to our channel for more videos like this in future like this video if you enjoy content like this going forward and let’s dive right into it the Haring every four years always preceding a fantastic surge in bitcoin’s price action towards new all-time highs it’s been the case every four years that we break to new alltime highs and whenever we do we just see phenomenal parabolic price action to new alltime highs and Beyond it’s been the case in every 4-year cycle dictated by the harving that we see this price action and actually at this point in the cycle we’re already we’ve seen new alltime highs we’ll move on to the next chart in just a second but we’ve seen new alltime highs already but we’ve been consolidating for a long time but we’ve already seen this upside occur and so breaking to new alltime High once again is only a matter of time and we’ll see a further surge in that price action and of course this is not on the logarithmic scale so I don’t expect price to be rallying to 400,000 or whatever the case may be but this is a good illustration of what just happens when we break to new alltime highs and historically speaking it has taken price around 160 days after the harving where we see reaccumulation in its post harving reaccumulation phase we tend to see consolidation for over 150 days before finally seeing a breakout to a parabolic rally which lasts multiple months so a breakout from this reaccumulation range is really important because historically we’ve seen fantastic upside develop from that breakout and we’re currently in a reaccumulation period again in this cycle this is post Haring reaccumulation and of course the beginning the very beginning of that reaccumulation range tends to begin just before the Hing just like we saw right over here as well but most of it develops after the Hing for many many months so it could last this current range could last up to 160 days if we’re lucky but we already seeing phenomenal upside in this range so rallying to this Range High Resistance is the next Target for Bitcoin we could see some upside wicking Beyond here if Bitcoin isn’t ready to break to new alltime highs just yet because remember in the past we’ve seen rejections from this Range High Resistance ending up in a retracement and we’ve seen that occur also in this range so technically there is scope for rejection at this Range High because every time we’ve seen a initial attempt to get to the Range High Resistance after the harving that first attempt after the harving is one that rejects and then we’ve seen fantastic upside afterwards but still we did see a rejection later on so the key point to mention here is that first rejection or at least that first revisit of old all time of of the Range High apologies which is pretty much new alltime highs essentially or old alltime highs depending on how you view it that first attempt after the Haring will and tends to precede a rejection so we are going to likely revisit this in the near future this Range High but if we’re lucky we’ll get a rejection and history suggests that we might have a good chance of getting that rejection to prompt further consolidation in inside this range which is going to stretch out this range as long as possible and the longer the better because historically we tend to see up to 150 days a reaccumulation like this occur and in this cycle where we’re seeing a rate of acceleration by 260 days where we saw new alltime highs prior to the having for the first time ever because of course we tend to see new all time highs or have tended to see new all time highs in the post Haring period the fact that we’re in a accelerated cycle at this time the longer we consolidate here the better for Bitcoin and we know that around old alltime highs is typically where we reaccumulate before further price action this reaccumulation can be a relatively short one a matter of a few weeks sometimes it can be a really extended one but also a very volatile one at the same time and in 2013 we just saw a quick and strong breakout to new alltime highs and Beyond so we’re really getting a standard range right over here but we’re also getting a extended one so the fact that we’re re accumulating here the longer the better the more we pause and capture a breather here will be better for the uptrend that inevitably ensues afterwards every time we see a reaccumulation period around oldtime highs we see an expansion period that takes place after afterwards and that is essentially unlocking that parabolic phase in the cycle and of course we do see diminishing returns over time so a breakout will get us into that parabolic phase in the cycle but it will probably be diminished compared to the previous cycle so if this was one: one what we saw in the previous cycle getting us to 250,000 for example if we were to do that one to1 extension we’re probably going to see a limiting and a diminishing in that rate of return whether to 100,000 150,000 whatever the case may be this will be a diminished rally based on what we’ve seen in the past but nonetheless this is going to be the most parabolic phase of the cycle where we see those gains come very quickly in a short space of time you’ve seen it here many times before but we also have to take into account that we do see pullbacks during this time and they can be quite sharp pullbacks offering those bargain buying opportunities in a parabolic phase offering fantastic opportunities for reaccumulation before we finally top out in the cycle 2021 also showed us that we can have deep retracements before further upside and indeed this was one of the deepest ones which enabled a new alltime high to 69k here it was a 65k new alltime high and then 69k right over here upon that recovery so really important to understand that strong Corrections do occur in price Discovery and price Discovery is essentially price trying to discover new alltime highs and it does do that many times over until it reaches that final new alltime high for a bull market Peak before experiencing a bare Market which lasts over a year but then we do see consolidation take place so that’s probably going to be awaiting us in the future at some point but we need to understand that the parabolic phase and the cycle AWA and this chart has been really accurate so far it isn’t on the logarithmic scale of course that needs to be said from the outset but we have seen a fantastic price appreciation and this price appreciation is only going to continue in the coming months so lots to look forward to the Haring is not priced in and the reaccumulation phase that we’re currently seeing right now the post having reaccumulation phase that we’re seeing is going to precede the post Haring parabolic upside phase of the cycle and this is going to be a phase that’s that really awaits Us in the coming months and this phase can last several months as well so we need to wait a few months before this parabolic phase begins but then we’ll be a able to enjoy it for a few good months several months in fact so we’ve already seen this upside take place to revisit these old alltime highs and even make a new alltime high in the process but we still have a lot more upside to enjoy going forward that’s about it for today’s video subscribe to the channel for more videos like this in the future like this video if you enjoy content like this going forward I’m Rex capital and I’ll speak to you in the next one speak to you soon that includes Bitcoin Market Overview. 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Interesting.
Great TA as always. Thanks for your time and knowledge
The first graph is inaccurate. The 2024 (now) is outdated. But yes, the point you bring can be seen.
Hello do you think it's going to short sell in 72k
Wow, we look similar to cycle 1, 2, versus 3. That lower high earlier on looks spot on.
Wasn’t the 3rd cycle muted some due to Covid, fox, china mining bans? And that could have gone much higher? So maybe last cycle should have done 16-20x
Instead of 8, and then we do a 8-10x this time?
We pumping now fools!
Best TA on YT!
Are we in a left translated cycle now since we pumped so much
All wishing for 52k have a melting face 😂😂
This is still presumption!
Nice update ,i think $ 83.000 new ATH for BTC 🚀🚀😎
Great content again Rekt capital
Addicted to your work man! 🙂
But second ath in 2021 was just SBF and Alameda wash-trading – just look at volume, that cycle ended in May '21.
I'm certainly re-accumulating.
This time is just different, people already know
Thanks rekt always keeping us up to date 👍
I hope you read this message. I really want to ask you. Why are you analyzing and comparing this post halving phase as the previous ones?
Every halving happened at the mid phase of the bull trend, almost at the TURNAROUND after the bear market.
This time the halving happened after a very well developed bull trend, in fact, after making a new ATH..
My question is: ¿Why are you saying that we might have a re-accumulation phase post halving, if this halving is waaaay different than the previous ones?
Sell in May and lose your way!
@vinkingsaiyan here
Thanks for the video upload