The BIGGEST difference between this Halving and Previous
It is actually a HUGE difference too
https://www.tradingview.com/x/Y4DaDfWv/
The First Halving was in Nov 2012 and 35 days later, PA began its rise to the ATH in 2013.
From there, the next halving was in July 2016 and you will notice that PA Was currently Below the previous ATH level. PA begansd its rise to the next ATH around 80 days after Halving.
https://www.tradingview.com/x/pViqBSdd/
The next halving was in May 2020 and once again, PA was BELOW the previous ATH level.
PA began its push to the Next ATH around 70 days After Halving.
The Next Halving has Just past on April 20 2024.
Have you noticed what is so different this Time ?
PA was up near the previous ATH level.
That has never happened previously and only shows the extreme BULLISH sentiment.
If we wait for the Average of previous Moves to the Next ATH after Halving, we shoudl see a move higher in Mid July.
But I think we may wait a little Longer........But I could be wrong.
There are Many things that make this market different this time and I think some people are making mistakes to expect a similar Action to previous......
International Corporations are now involved......................
Lets see what happens but I am fairly sure, we Will see Manipulation and New ATH's
Trade Safe My friends - The REal Sharks have arrived.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.