Rekt Capital: "Danger Zone" for post-halving asset correction is now over
2024-05-14 03:10:16
Rekt Capital, an anonymous cryptocurrency trader, posted an update to the Bitcoin market cycle chart on X, declaring that the "danger zone" when assets corrected after the halving event is now over. Rekt added that Bitcoin is celebrating a good rebound from the low support level of the re-accumulation range. In previous market cycles, the "danger zone" period before and after the halving has occurred, when assets retreated on both sides of the halving event.
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