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What Do The Three Phases Of The Bitcoin Halving Mean?

Heavily-followed cryptocurrency analyst Rekt Capital anticipates a potential market shift, as Bitcoin moves between different phases before its fourth halving event for Bitcoin (CRYPTO: BTC), scheduled for April 19. What Happened: In a tweet on April 4, the pseudonymous analyst pointed to three phases of the Bitcoin halving: the final pre-halving retrace, re-accumulation and the parabolic uptrend. Bitcoin is currently two weeks away from the halving and has pulled back by 18% over the past couple of weeks. In 2016, this pre-halving retrace was -38% and lasted three to four days, while in 2020 …