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RE: LeoThread 2024-03-12 18:23

in LeoFinance • 10 months ago

🧵 1. This Bitcoin bull run marks a shift as Bitcoin hits new highs before its halving event, currently set for April. The introduction of spot Bitcoin ETFs on US exchanges adds a unique element to this rally. #crypto

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🧵 2. Analysts like PlanB observe a departure from historical patterns, with speculations that BTC's price impact might have been priced in early this time. However, past halving cycles have shown similar uncertainties.

🧵 3. Renowned analyst Rekt Capital outlines four phases in the Bitcoin halving cycle, including pre-halving rally and re-accumulation. Expectations for an accelerated price uptrend remain high.