In the past halving cycles there is always some dip pre and for a short period, post halving. After that a massive run-up.See first chart. They say this cycle it's different because of the spot ETF participation. That means there is a lot of more institutional money in the game, less volatility ( compared to previous cycle but still very volatile compared to stocks). On top of that the HK spot EPF approval will bring even more institutional money. Maybe the run-up won't be as massive but from a supply-demand perspective, it only favors demand. If one can hold for a while, it's a higher probability bet that price will eventually go up.
Chart wise, current price is hovering Slightly above confirmed support ( see chart yellow line). Together with potential cut in supply post halving more demand, in the form HK spot ETF, we should really watch prices closely at current levels for a buy. Crypto is still volatile so please do your own research and make sure you have the ability to hold. Probability favors the upside
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