Viewing a response to: @jrcornel/btc-the-recent-drop-might-actually-be-bullish
I dare say that BTC is still in a strong bullish cycle that'll keep riding upwards until Halving. The biggest challenge so far is conquering the 5-digit mark, with $10,000 being a tough barrier to crack. Still, the recent drops is indeed a good thing, as the bulls will need to take a breather before going higher.
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| author | zacknorman97 |
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Until halving? The largest moves are usually seen post halving. Though, those gains usually don't really get going until several months post halving.
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> *The largest moves are usually seen post halving. Though, those gains usually don't really get going until several months post halving.* Agreed! What I meant was that there will be a steady rise until Halving. I expect there to be a correction during, and briefly post-Halving, though this certainly doesn't invalidate the bullish momentum. Once that correction passes, and as you've said, the rally will start again a few months post-Halving.
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