Any retrace in the price of Bitcoin over the next two weeks could be investors’ last chance to scoop up Bitcoin at “bargain-buying” prices, says pseudonymous trader Rekt Capital.
Bitcoin (BTC) investors may only have a two-week window to potentially buy Bitcoin at “bargain-buying” prices before a pre-halving rally kicks off in February, says pseudonymous crypto trader Rekt Capital.
In a Jan. 29 X post to their 349,000 followers, Rekt said that market action around the Bitcoin halving typically plays out in five stages, with the first three stages occurring before the halving.
Rekt noted that in previous Bitcoin halvings, there has often been a steep dip in the months before, generating “fantastic” returns for investors, with 2024 looking to be no exception.
