~11 months after the past two halvings, BTC experienced a 38% drop. Both times this drop lasted around a month +/- a few days.
Now we have experienced a recent drop in this bull cycle. Again it was ~11 months after the halving. We are yet to retrace 38%, but if we do that puts us at a major demand zone at 38-40k which preceded the impulse to 60k.
Seems a little coincidental...
Now we have experienced a recent drop in this bull cycle. Again it was ~11 months after the halving. We are yet to retrace 38%, but if we do that puts us at a major demand zone at 38-40k which preceded the impulse to 60k.
Seems a little coincidental...