2024-03-20 05:32
Crypto market has now entered the Pre-Halving Danger Zone, where liquidity will flush out for healthier market if we want to see ATH after halving season.
In 2016, BTC corrected by 13% during this phase
In 2020, it corrected by 20%
As expected, altcoins and meme coins suffers a bigger dip between 40%-50%
This is only a correction, NOT A crash.
Will be monitoring market closely with Powell’s FOMC announcement to set entry limit again.
Trade safe folks!