The Bitcoin halving is only a few days away!
BTC and alts are down bad, and you've been lied to ๐
Is it time to panic? Nahhh.
I'll show you why below ๐
1/11
๐ฆ BTC Pre-Halving Dip ๐ฆ
In both 2016 and 2020, BTC had a pre-halving dip!
BTC dipped 30% shortly before the halving in 2016 and 20% in 2020!
This halving it has only dipped 17% so far.
2/11



๐ฆ TOTAL2 Pre-Halving Dip ๐ฆ
TOTAL2, which measures the total market cap of the top 125 alts, dipped over 50% in 2016, depending on where you count from and 23% in 2020.
This halving it has dipped -29% so far.
3/11



๐ฆ Kinda Normal ๐ฆ
It would be disingenuous to say yesterday was normal or expected. That dip was brutal.
Remember TOTAL2 is the top 125 alts by market cap. Some lower cap alts lost 70% or more yesterday.
Yesterday wasn't normal, but it wasn't wholly abnormal either.
4/11
It was a mixture between a standard pre-halving dip and a black swan event.
Honestly, we've gotten off easy so far. The last black swan, the COVID crash was brutal, BTC crashed -58% and TOTAL2 -68%.
As long as this "war" ends here, this is a tiny black swan!
5/11
๐ฆ Bull Run Start ๐ฆ
There's been a rumour going around about the bull run starting early because BTC broke its all-time high early.
In my opinion, you've been lied to.
Bitcoin has broken its ATH early, mostly due to the ETFs. The masses aren't here yet ๐
6/11
Social media is a great measure of retail returning to crypto, and it shows the masses are only just returning:
YouTube views and subs show interest returning gradually, in line with this time last cycle as do new Twitter followers.
Source: @ITC_Crypto
7/11



๐ฆ Opportunities ๐ฆ
Traditionally, if you are underexposed, dips are your best opportunity to buy in a bull run.
And if you are overexposed or hold what you want, then holding has traditionally been the best move.
Just look at the nasty dips in 2020 and 2021.
8/11

๐ฆ Control Your Fear ๐ฆ
Every single bull run, some events give you reasons to panic sell.
In the moment, those events seem horrible; they seem bull run ending... but they are just distractions.
Scared money doesn't make money.
9/11
๐ฆ The Bull Run ๐ฆ
Aside from the early break of BTCs ATH this bull run is playing out like the last two, albeit more volatile!
But volatility hints that this will be the greatest bull run in history.
So I am buying this dip and the next!
10/11
I hope you've found this thread useful. If you did, click on the first tweet below and give it a like and a RT ๐
11/11 twitter.com/143522489729955021...
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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