SasanSeifi 💁♂🟡GOLD Long-Term OutlookXAUUSD As you can see, after an uptrend and a new high, the price faced a correction from the 2146 range due to the liquidation of buyers. After the correction, the price rebounded slightly from the 1973 range but failed to stabilize above the 2081 liquidity range and saw another range and correction. Currently, the trend is stuck in a range.
In the long-term view, I expect the price to continue to correct to the SELL-SIDE LIQUIDITY 1985 / 1973 range after ranging and consolidating below the 2000 range. In case of correction, we need to see how the price reacts to better understand the continuation of the trend. Additionally, if it faces demand and can consolidate above the important 2075 range, the corrective scenario will be invalidated.
In the long term, the target correction ranges are 1950 / 1933, but currently, we are moving forward with the step-by-step chart.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
Longterm
NIO - Will Rise From Ashes 🦅Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NIO has been overall bearish, trading within the falling wedge pattern in red.
Currently, NIO is hovering around the lower bound of the wedge acting as a non-horizontal support.
Moreover, it is retesting a strong support zone at 5.0 marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.
📚 As per my trading style:
As #NIO is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
APE 18.01.24It is necessary to be prepared for the dump that will occur in BTC up to around 38000, so I am thinking of entering this position only from the marked area. For spot buyers, it would be logical to buy in pieces starting from these levels.
The most ideal entry points are 1.32-1.27
The target areas will be around 1.74 and 2.38 respectively if it breaks the falling trend (red line).
What I write here serves as a note to myself. Does not include investment advice.
MoneyLion IncMoneyLion Inc. (NASDAQ:ML ) is a prominent player in the financial technology sector, powering a range of personalized products and services designed to enhance the financial well-being of its customers. The company has been actively involved in several initiatives aimed at accelerating digital transformation within the banking sector and extending financial services to a broader audience. A recent alliance with EY underscores MoneyLion's commitment to driving innovation and growth within the banking industry, highlighting its role in facilitating banks' digital transformation efforts.
MoneyLion's participation in Needham's 26th Annual Growth Conference and its consistent efforts in community engagement, such as partnering with Bubba Wallace, Tyler Reddick, and 23XI Racing for charitable initiatives, reflect its active involvement in both industry discussions and social responsibility. These activities not only strengthen MoneyLion's market presence but also emphasize its dedication to leveraging technology for financial inclusion and community support.
The company's achievement in being awarded "Best Financial Literacy Tool" at Benzinga's 2023 Global Fintech Awards further validates its effectiveness in providing valuable financial education and tools to its users. This recognition is a testament to MoneyLion's innovative approach to financial technology, focusing on personalization and user empowerment.
For investors and stakeholders, MoneyLion's recent activities and recognitions might indicate a strong potential for growth and innovation in the fintech space. With a current stock price showing positive momentum and a performance outlook that suggests optimism in the short to long term, MoneyLion appears to be a noteworthy consideration for those interested in the fintech industry.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
BVS: Bioventus – Innovations and Growth in Medical TechnologiesBioventus Inc. (Nasdaq:BVS) , a company specializing in medical devices and active treatments, has demonstrated significant achievements despite challenges. Recent research and company decisions indicate potential for further growth and innovations in the healthcare sector.
The company recently reported financial results for the third quarter of 2023, confirming its ability to manage costs and increase efficiency. Improved performance in pain treatment and ongoing cost management contributed to an upgraded financial forecast for the full fiscal year. Despite a decrease in net sales, the company's results exceeded expectations, allowing it to raise the financial forecast for the entire year.
Bioventus is also actively working on reducing debt and optimizing its cost structure. Recent appointments to senior management, including new President and CEO Robert Klai, with more than two decades of experience in medical devices, underline the company's commitment to improving operational efficiency and revenue growth.
Furthermore, Bioventus secured a nationwide contract with Aetna™ Medicare Advantage plans for DUROLANE®, used in knee osteoarthritis treatment, reflecting recognition of their products' effectiveness and market expansion.
For investors looking for opportunities in the healthcare sector, BVS shares offer a unique balance of innovation, growth, and strategic focus on financial performance improvement. With a strong management team, strategic partnerships, and growth potential in medical technologies, Bioventus represents an attractive investment opportunity.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
Strengthening Hooker Furnishings' Position in the Furniture Hooker Furnishings Corporation (NASDAQ:HOFT) , a leading furniture manufacturer, demonstrated significant achievements in the third quarter of the 2024 fiscal year, highlighting the company's resilience and strategic vision. With earnings of $0.65 per share exceeding analysts' expectations and total revenue of $116.83 million, HOFT confirms its ability to overcome market challenges and strengthen its position in the furniture market.
The company announced quarterly dividends of $0.23 per share, an increase compared to the previous quarter, and demonstrated its commitment to returning value to shareholders. This, along with the announcement of a $150 million share repurchase program, underscores the financial stability and management's optimism for future growth.
Key success factors for HOFT include strategic inventory management, cost reduction, and market visibility expansion through new showrooms and active engagement of new customers. With a $32 million reduction in inventory levels compared to the end of the previous year and an increase in cash to $40 million, the company shows a healthy financial position and readiness for further growth.
Despite challenging conditions in the furniture industry, HOFT continues to take measures to strengthen its market position by optimizing operational efficiency and focusing on strategic growth initiatives. The company expects its next earnings report on April 12, 2024, which will provide additional information about its financial health and future plans.
For investors interested in the consumer goods sector and looking for a company with sustainable income and growth potential, Hooker Furnishings offers an attractive investment opportunity. With a focus on quality, innovation, and meeting customer needs, HOFT is poised to overcome current and future market challenges.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
SLVM: Sustainable Growth and Renewable Investments Sylvamo Corporation (NYSE:SLVM) , a leading global paper manufacturer, demonstrates strong financial results and an active strategy for returning capital to shareholders. In the third quarter of 2023, the company reported net income from continuing operations of $58 million or $1.37 per diluted share, significantly above the previous quarter ($49 million or $1.14 per diluted share). These results highlight the efficiency of management and Sylvamo's strategic direction towards increasing free cash flow and optimizing operational activities.
The company has also initiated the "Project Horizon" cost reduction program, aimed at achieving expense savings of at least $110 million by the end of 2024. This includes optimizing operations and reducing the global workforce by approximately 150 positions. For the fourth quarter, Sylvamo forecasts adjusted EBITDA in the range of $90 million to $110 million, reflecting expected volume improvements despite anticipated increases in operational and other expenses.
In addition, Sylvamo announced the payment of quarterly dividends of $0.30 per share and special dividends, as well as a $150 million share repurchase program. These measures underscore the company's commitment to returning value to shareholders and confidence in its financial stability and growth.
Sylvamo, with a focus on producing paper from renewable resources and operations in Europe, Latin America, and North America, strengthens its position as the preferred choice for investors interested in sustainable development and innovations in the paper industry. Considering strong financial indicators, strategic cost-cutting initiatives, and an active policy regarding shareholders, Sylvamo represents an attractive investment opportunity.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
EURCHF - Looking for Shorts Again ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURCHF has been overall bearish , trading within the falling wedge pattern in green.
At present, EURCHF is undergoing a correction phase and it is currently approaching the upper green trendline acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone marked in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper green trendline.
📚 As per my trading style:
As #EURCHF is around the green circle zone, I will be looking for bearish reversal setups (like a top bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CKB 1hr time frame broke out of resistance zone CKB 1hr time frame broke out of resistance zone
and retested ... now crossing it's previous high
Market Cap : 250M
Category : DeFi
Enter at current price with lower bid in support zone
Targets 0.006892 / 0.008098 / 0.009190
Stop Loss 0.005254
This is for ENTERTAINMENT purpose Only.
Not Financial Advise
Always DYOR ( do your own research )
IIPR: The Right Time for Investing in Cannabis Real EstateInnovative Industrial Properties, Inc. (NYSE:IIPR) , a leading real estate investment trust specializing in the acquisition, ownership, and management of specialized properties leased to medical cannabis companies, represents an attractive long-term investment opportunity. This publication serves as a reminder of the previous investment idea, emphasizing that the offer remains relevant in light of the ongoing growth and strong fundamental indicators of the company.
IIPR successfully expands its portfolio in the high-yield segment of the real estate market associated with cannabis, demonstrating impressive results in the form of stable revenue and dividend growth. The company benefits from the increasing legalization of medical cannabis in the US, which expands its potential market and strengthens its position as a reliable partner for tenants.
IIPR's financial indicators continue to remain high thanks to a strategic approach to investment and portfolio management. The company not only provides high returns to its shareholders through regular dividend payments but also demonstrates sustainable capitalization growth, making it attractive for long-term investors.
In the context of the current market climate, IIPR stands out for its ability to adapt to changes in the regulatory environment and economic conditions while maintaining strong operational performance. Investors looking for a stable and potentially growing source of income in the real estate sector should reconsider IIPR as an essential element of their investment portfolio.
This publication serves as a reminder that the initial investment idea remains valid, and IIPR continues to offer a unique opportunity for investors aiming to diversify their portfolios by investing in the high-yield and strategically important cannabis-related real estate sector.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
Revolutionizing the Treatment of Neurological DiseasesBrainsway Ltd. occupies a unique niche in the field of medical technology with its flagship product - the Deep Transcranial Magnetic Stimulation (Deep TMS) system. This cutting-edge technology offers an innovative approach to treating a wide range of neurological and psychiatric disorders, including major depressive disorder and obsessive-compulsive disorder, providing an important alternative to traditional drug treatment.
The Deep TMS technology is distinguished by its high efficacy and safety, confirmed by clinical trials and FDA approval. This opens up access for the company to the growing market of medical devices for treating mental disorders, where the need for innovative solutions remains high.
Brainsway continues to expand its clinical program, exploring new applications for Deep TMS technology in various medical fields. Investments in scientific research and the development of new applications can open additional markets and increase the company's growth potential.
The company demonstrates strong financial performance, supported by increased sales of its Deep TMS systems and the growing number of procedures using its technology. Strategic partnerships and geographic expansion also contribute to revenue growth and strengthen Brainsway's positions in the international market.
In conclusion, Brainsway offers investors a unique opportunity to invest in a company at the forefront of medical innovations, with technology that has the potential to radically change approaches to treating neurological and psychiatric diseases. Considering its potential for growth and expansion, BWAY shares may be of interest to investors seeking diversification in the healthcare and biotechnology sector.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
DAC: Navigating Opportunities in the Maritime Shipping SectorDanaos Corporation (NYSE:DAC) , one of the world's largest independent shipowners specializing in container shipping, represents an attractive investment opportunity in light of the sustainable recovery and growth of global trade post-COVID-19 pandemic.
The company owns and operates one of the world's largest fleets of container ships, allowing it to benefit from increasing volumes of international trade and the growing demand for maritime transport. Thanks to strategic fleet management and operational efficiency, Danaos demonstrates strong financial results, strengthening its market position.
In recent years, the company has actively worked on modernizing and expanding its fleet, investing in environmentally friendly and energy-efficient vessels. This not only improves Danaos' environmental profile but also enhances its competitiveness, considering increasingly strict international emission standards in the maritime industry.
The growing demand for maritime transport, combined with the limited increase in new vessels in the global fleet, creates favorable conditions for rising freight rates and improved profitability for Danaos. The company also benefits from long-term charter contracts, providing a stable revenue stream and visibility of future cash flows.
However, investors need to consider the risks associated with volatility in the maritime shipping sector, including fluctuations in freight rates, changes in international trade policy, and potential environmental regulations. Despite these challenges, Danaos possesses strong strategic positions and operational efficiency to navigate through market fluctuations.
In conclusion, Danaos Corporation presents an investment opportunity for those seeking exposure in the maritime shipping sector, which shows signs of sustainable recovery and growth. With its leading market positions, modernized fleet, and strategic focus on energy efficiency, DAC may offer investors attractive growth prospects.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
Promising Investment in Artificial Intelligence TechnologyInvesting in ThirdAI Corp. (NASDAQ:THRD) , a leading innovator in artificial intelligence technology, presents a compelling opportunity for investors. The company has recently garnered attention for its breakthroughs in AI and machine learning, positioning it well in a rapidly growing market.
Analysts highlight ThirdAI's unique approach to AI, leveraging advanced algorithms and data analytics, which sets it apart from competitors. This technological edge is particularly valuable in sectors like healthcare, finance, and e-commerce, where AI-driven insights and solutions are increasingly in demand.
ThirdAI's recent collaborations with major industry players and its expansion into new markets signal strong growth potential. These strategic moves not only enhance the company's revenue streams but also diversify its business model, reducing market volatility risks.
Furthermore, ThirdAI's commitment to ethical and sustainable AI development resonates with the growing trend of responsible investing. Its focus on creating AI solutions that are accessible, transparent, and fair adds a layer of trust and reliability, making it an attractive option for socially conscious investors.
Given these dynamics, THRD shares offer a promising investment opportunity. With the AI sector expected to continue its rapid growth, ThirdAI’s innovative approach and strategic expansions position it well for sustained success. Investors looking to capitalize on the burgeoning AI market should consider THRD as a potential addition to their portfolio, given its strong fundamentals and future growth prospects.
OPFI: A Leader in Financial Technology InnovationsOppFi Inc. (NYSE:OPFI) , a financial technology company offering credit products to consumers with limited access to traditional banking services, represents an attractive investment opportunity amid the growing demand for inclusive financial services.
OppFi distinguishes itself with an innovative approach to lending, using advanced technologies and algorithms to assess creditworthiness, allowing the company to serve a wide range of customers traditionally considered high-risk. This approach not only expands access to financing for underserved segments of the population but also opens up significant market potential for OppFi.
The company shows strong revenue growth and an expanding customer base thanks to its convenient and accessible financial products, including personal loans and cards. The development of partnerships and the expansion of the service portfolio also contribute to strengthening OppFi's market position.
An important aspect for investors is the company's strategic vision and its ability to adapt to changing regulatory and market conditions. OppFi actively invests in technology and product development, allowing it to stay at the forefront of fintech innovations and ensure a high level of customer satisfaction.
The company also takes an active stance on corporate social responsibility, aiming to improve the financial well-being of its clients through educational programs and financial planning tools. This not only fosters customer loyalty but also highlights OppFi's role as a socially responsible market player.
In conclusion, OppFi presents an investment opportunity for those looking to participate in the growing fintech sector with a focus on social inclusivity and innovative technologies. Considering its strategy, market potential, and social mission, OPFI shares may offer interesting prospects for long-term investors.
AMPH: Expanding Horizons in the Pharmaceutical IndustryAmphastar Pharmaceuticals, Inc. (NASDAQ:AMPH) , an emerging pharmaceutical company specializing in the development, manufacturing, and marketing of complex generic and proprietary drugs, represents an attractive investment opportunity against the backdrop of current trends in healthcare and pharmaceuticals.
Amphastar stands out with its focus on complex generics, including products that require sophisticated manufacturing processes, creating barriers to entry for new competitors and giving the company a competitive edge. The company boasts a robust research base and infrastructure for new drug development, key to sustainable long-term growth.
In recent years, Amphastar has actively expanded its product portfolio through both internal developments and strategic acquisitions, allowing the company to strengthen its market position and broaden its presence across various therapeutic areas. This diversification reduces risks and enhances revenue growth potential.
The company's financial indicators show steady revenue and profit growth, making AMPH shares attractive to investors seeking stability and growth potential in the healthcare sector. Additionally, the company exhibits a strong financial position with a healthy balance of cash and short-term investments, providing flexibility for further research, development, and potential acquisitions.
The regulatory environment also plays a significant role in the success of pharmaceutical companies. Amphastar continues to actively engage with regulatory bodies to gain approval for new drugs and expand indications for existing products, which could be a catalyst for future stock price growth.
In conclusion, AMPH shares offer investors the opportunity to participate in the growth of an innovative pharmaceutical company with a strong product portfolio and stable financial standing. Given the current trends and needs in healthcare, Amphastar Pharmaceuticals has all the prerequisites for market success.
USDJPY sell (swing trade)This trade is considered being more risky as it does not really follow my strategy.. I am just testing something to potentially improve my strategy.
It rejected off a resistance on the 4hr and Daily timeframe. So I enter this long term swing tade... might scale in and out along the way, but the core pos will be held for potentially days or even weeks.
UPWK: Capturing the Future of Freelancing and Remote WorkUpwork Inc. (NASDAQ:UPWK) , a leading platform for freelancers and remote work, represents an attractive investment opportunity in the context of accelerated digital transformation and changing global labor practices. The COVID-19 pandemic catalyzed a rethinking of work approaches, turning remote work and freelancing from just a temporary trend into a long-term direction for labor market development.
Upwork occupies a unique position in the market by offering comprehensive solutions for connecting freelancers with corporate clients and small businesses worldwide. The platform provides access to a wide range of professional services, from software development and design to marketing and accounting, making it sought after by companies aiming for flexibility and efficiency in project execution.
The growth in the number of users and transaction volume on the Upwork platform indicates the expansion of the freelance market and increasing trust in remote work. This not only contributes to the company's revenue growth but also confirms its role as a key player in this rapidly evolving segment.
Investing in technology and improving user experience are priorities for Upwork, allowing the platform to maintain a high level of user satisfaction and attract new clients. The development of new tools for project management, time tracking, and facilitating payment processes enhances the efficiency of both freelancers and clients.
In the long term, Upwork faces the opportunity for significant market expansion due to the increasing demand for flexible labor resources and remote work. As more companies and individual entrepreneurs recognize the advantages of freelancing, Upwork can expect an increase in its market share and revenue growth.
For investors interested in the technology sector and new forms of employment, UPWK shares offer an attractive investment opportunity in a company at the forefront of the global trend towards flexibility and digitization of the work process.
LYV: A Stage for Growth in the Entertainment WorldLive Nation Entertainment, Inc. (NYSE:LYV) , a global leader in concert events and entertainment, presents an attractive investment opportunity in the post-pandemic era. After a significant downturn in the entertainment industry due to COVID-19-related restrictions, the company is poised for recovery and growth thanks to the resumption of live events and an increase in consumer demand for entertainment.
Live Nation possesses a unique portfolio that includes concert promotion, ticket sales through Ticketmaster, and artist management, allowing the company to benefit from all aspects of the value creation chain in the live entertainment industry. This vertical integration provides resilience and potential for profit growth as life returns to normal and mass events resume.
In the long term, Live Nation is on the verge of significant growth due to global expansion and investments in digital technologies. Improving the user experience in ticket purchasing, as well as using data and analytics to optimize offerings and pricing, can significantly increase the company's revenues.
Furthermore, strategic partnerships and acquisitions expand Live Nation's geographical presence and event portfolio, opening up new markets and audiences. This gives the company additional opportunities for growth in the music festival segment, sporting events, and other entertainment programs.
For investors interested in the entertainment and hospitality sector, LYV shares offer a unique investment opportunity in a company that will not only recover from the pandemic but also continue to expand its dominance in the live entertainment industry. With the expected return to large-scale events and concerts, Live Nation promises to be at the forefront of an exciting upward trend in the entertainment world.
BTC => Bullish UNLESS...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
In accordance with my previous BTC analysis, BTC is currently hovering inside a massive weekly resistance zone 48k - 50k.
📈 The bulls will remain in control, unless the last low marked in red at 47,500 is broken downward.
📉 In such a scenario, the bearish correction would start leading to a movement till the lower red trendline and demand zone at 45,500.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CVNA: Strategic Leap Amid High Short InterestCarvana Co. (NYSE:CVNA) , a revolutionary platform for buying and selling used cars online, attracts investors' attention, including due to a significant volume of short sales (short interest). This high short interest indicates that many traders expect the company's stock price to fall, which in turn may create potential for a sharp rise in stock price in case of positive changes in fundamental indicators or corporate news.
Carvana is known for its innovative approach to selling used cars, offering buyers a convenient and fully digital purchase process without the need to visit a dealership. Despite challenges related to regulatory standards and competition, the company has demonstrated the ability to adapt and grow, expanding its geographic presence and range of services.
It's important to note that Carvana has invested significant resources in optimizing its operations and improving the customer experience, which may contribute to increased sales volumes and improved financial indicators in the near future. These factors, combined with a high level of short interest, create a foundation for potential sharp increases in stock price in case of positive news or better-than-expected performance results.
A short squeeze could occur if Carvana publishes strong quarterly results or achieves significant successes in its strategic initiatives, forcing investors with short positions to cover their bets by buying shares, which will further increase demand and stock price.
Investors considering CVNA as a potential investment asset should weigh both the opportunities and risks associated with high levels of short sales and market volatility. However, for those who believe in the long-term strategy and innovative approach of Carvana, the current market situation may offer interesting investment opportunities amid potential market fluctuations.
KSS: Growth Prospects Amid High Short InterestKohl's Corporation (NYSE:KSS) , a well-known American department store chain, draws investors' attention not only with its adaptation to current market conditions but also with a significant volume of short sales (short interest), which could serve as a catalyst for a sharp increase in stock price in the short term.
Kohl's is actively working on improving its operational efficiency and adapting to changing consumer preferences through investments in online platforms and updating its product assortment. These strategic steps are aimed at strengthening the company's positions in the long term.
However, in the short term, the high level of short sales on KSS stocks is of particular interest. This indicates that a significant portion of investors are betting on the stock price falling. In situations where market conditions or corporate news turn out to be better than expected, this can lead to a sharp increase in stock price due to covering of short positions (short squeeze), when sellers are forced to buy back shares to close their positions, further enhancing the price increase.
Such a scenario can offer a unique opportunity for risk-ready investors, as even minor positive changes in financial indicators or company news can cause a significant increase in stock value. At the same time, investors need to consider the potential risks associated with high levels of short sales and thoroughly analyze the company's fundamental indicators.
Kohl's continues to demonstrate resilience in challenging market conditions, and with a strategy to improve its market position, the company's shares may offer interesting opportunities for various categories of investors. This is especially true for those looking for speculative investment opportunities in anticipation of a potential short squeeze.
AVAX Inverse Head & ShouldersAVAX looking for a possible pullback ( 4hr time frame )
level to break around 41.34 for entry ( add on retest )
( the Inverse Head & Shoulders - is ugly but I know traders see this )
Not recommended to front run the breakout
the recent pump was about 23%
a retracement would be healthy
currently RSI is in overbought territory
and would like to see more volume come in with breakout
Alert set at 42.20 level / price
Unveiling the 2024-2025 Price Revolution Post-HalvingIntroduction:
In anticipation of Bitcoin's fourth halving scheduled for April this year, let's delve into historical price patterns to assess potential heights Bitcoin might reach in the years 2024-2025 and when the anticipated start of the next bull run may occur.
Historical Analysis:
First Halving (28-11-2012):
A year before this event, Bitcoin was modestly priced at $2.48. As the market turned bullish, it climbed to $12.20 at the halving and continued its ascent. A year later, it peaked at $1,131.
Second Halving:
Before this halving, Bitcoin had fallen to $269 but rebounded to $650 by the time of the event. It soared for about a year post-halving, reaching an impressive $2,518.
Third Halving:
The cycle repeated, with Bitcoin dropping to $7,255 before the third halving. It then modestly rose to $8,762 at the halving and significantly surged to $56,615 a year after.
Analyzing the Fourth Halving:
The fourth halving is expected in April this year in the current cycle. A year before this date (April 2023), Bitcoin had an uptick to $31,000. This suggests a strong likelihood of a substantial rise post the fourth halving, potentially lasting until April-August 2025 and surpassing the previous high of $69,000.
Key Takeaway:
Bitcoin's price behavior exhibits remarkable consistency around each halving. It gradually begins to rise a year before the halving and continues for 12-16 months post-halving, reaching new peaks before entering a bearish phase.
Investment Strategy:
For long-term investors, understanding these patterns is crucial. The peak for this cycle might be between April - August 2025. It would be strategic to start exiting the market gradually at this point.
Conclusion:
As we analyze historical patterns, Bitcoin's potential trajectory in the coming years appears promising, emphasizing the importance of strategic investment decisions in light of the upcoming halving event.