Bitcoin: Should you expect an ’18-month’ post-halving rally this year?
- Massive retracement before the BTC halving event is “not unusual.”
- An extended rally always ensues the halving event, lasting 6-18 months.
Bitcoin [BTC] rebounded following a dovish US Fed rate decision, posted a 9.5% gain, and reclaimed $68K on 20th March
This was after dropping over 14% from a high of $73K. However, the recovery was not sustainable as BTC faltered to $66K as of press time.
