Bitcoin ETFs could soften BTC price retracement before the halving

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26 Mar 2024
39

. Bitcoin’s halving event — which happens every four years or 210,000 blocks — is historically accompanied by a price retracement. 
This time, market observers are asking whether this part of the halving — which in previous years saw double-digit percentage losses — will be softened by the presence of spot Bitcoin 
BTC
$70,691
 exchange-traded funds (ETFs), which have the potential to bring large amounts of institutional investment into BTC.The 2024 Bitcoin halving is expected to take place in April and will be the fourth halving in Bitcoin’s history. Halvings decrease the supply of new BTC, ensuring its scarcity.
According to crypto analysis firm Rekt Capital, the first stage is called the pre-halving downside phase, which sees bearish price movements due to investors anticipating the event. The second stage — the pre-halving rally — records significant price increases due to moves by short-term investors who want to reap the benefits of the halving hype.
At the time of writing, many market observers believe Bitcoin has entered the third stage: a pre-halving retracement.
This phase records downward price movements mainly due to investors anticipating incoming sell pressure and exiting their positions — and this is where investors expect Bitcoin ETFs to play a crucial role.
The fourth stage, reaccumulation, starts after the halving takes place and may last up to five months. At this point, most hype is lost, and many investors exit their positions as they get bored due to stagnant price movements.
However, at the end of this reaccumulation phase comes the fifth stage of halving: the parabolic uptrend. This is where the Bitcoin price can recover from the third and fourth stages and hit a new all-time high (ATH).

ETFs’ impact on pre-halving retrace

In early January, the United States Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs to be listed and traded on registered traditional exchanges. This landmark decision allowed skeptical traditional investors to include Bitcoin among their assets, increasing demand for the flagship crypto.
Recent data shows that the demand for Bitcoin ETFs is too substantial to be ignored. On March 4, global Bitcoin exchange-traded products (including Bitcoin ETFs) surpassed 1 million Bitcoin in assets under management.Bitcoin’s halving event — which happens every four years or 210,000 blocks — is historically accompanied by a price retracement. 
This time, market observers are asking whether this part of the halving — which in previous years saw double-digit percentage losses — will be softened by the presence of spot Bitcoin 
BTC
$70,691
 exchange-traded funds (ETFs), which have the potential to bring large amounts of institutional investment into BTC.The 2024 Bitcoin halving is expected to take place in April and will be the fourth halving in Bitcoin’s history. Halvings decrease the supply of new BTC, ensuring its scarcity.
According to crypto analysis firm Rekt Capital, the first stage is called the pre-halving downside phase, which sees bearish price movements due to investors anticipating the event. The second stage — the pre-halving rally — records significant price increases due to moves by short-term investors who want to reap the benefits of the halving hype.
At the time of writing, many market observers believe Bitcoin has entered the third stage: a pre-halving retracement.
This phase records downward price movements mainly due to investors anticipating incoming sell pressure and exiting their positions — and this is where investors expect Bitcoin ETFs to play a crucial role.
The fourth stage, reaccumulation, starts after the halving takes place and may last up to five months. At this point, most hype is lost, and many investors exit their positions as they get bored due to stagnant price movements.
However, at the end of this reaccumulation phase comes the fifth stage of halving: the parabolic uptrend. This is where the Bitcoin price can recover from the third and fourth stages and hit a new all-time high (ATH).

ETFs’ impact on pre-halving retrace

In early January, the United States Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs to be listed and traded on registered traditional exchanges. This landmark decision allowed skeptical traditional investors to include Bitcoin among their assets, increasing demand for the flagship crypto.
Recent data shows that the demand for Bitcoin ETFs is too substantial to be ignored. On March 4, global Bitcoin exchange-traded products (including Bitcoin ETFs) surpassed 1 million Bitcoin in assets under management.Bitcoin’s halving event — which happens every four years or 210,000 blocks — is historically accompanied by a price retracement. 
This time, market observers are asking whether this part of the halving — which in previous years saw double-digit percentage losses — will be softened by the presence of spot Bitcoin 
BTC
$70,691
 exchange-traded funds (ETFs), which have the potential to bring large amounts of institutional investment into BTC.The 2024 Bitcoin halving is expected to take place in April and will be the fourth halving in Bitcoin’s history. Halvings decrease the supply of new BTC, ensuring its scarcity.
According to crypto analysis firm Rekt Capital, the first stage is called the pre-halving downside phase, which sees bearish price movements due to investors anticipating the event. The second stage — the pre-halving rally — records significant price increases due to moves by short-term investors who want to reap the benefits of the halving hype.
At the time of writing, many market observers believe Bitcoin has entered the third stage: a pre-halving retracement.
This phase records downward price movements mainly due to investors anticipating incoming sell pressure and exiting their positions — and this is where investors expect Bitcoin ETFs to play a crucial role.
The fourth stage, reaccumulation, starts after the halving takes place and may last up to five months. At this point, most hype is lost, and many investors exit their positions as they get bored due to stagnant price movements.
However, at the end of this reaccumulation phase comes the fifth stage of halving: the parabolic uptrend. This is where the Bitcoin price can recover from the third and fourth stages and hit a new all-time high (ATH).

ETFs’ impact on pre-halving retrace

In early January, the United States Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs to be listed and traded on registered traditional exchanges. This landmark decision allowed skeptical traditional investors to include Bitcoin among their assets, increasing demand for the flagship crypto.
Recent data shows that the demand for Bitcoin ETFs is too substantial to be ignored. On March 4, global Bitcoin exchange-traded products (including Bitcoin ETFs) surpassed 1 million Bitcoin in assets under management.Bitcoin’s halving event — which happens every four years or 210,000 blocks — is historically accompanied by a price retracement. 
This time, market observers are asking whether this part of the halving — which in previous years saw double-digit percentage losses — will be softened by the presence of spot Bitcoin 
BTC
$70,691
 exchange-traded funds (ETFs), which have the potential to bring large amounts of institutional investment into BTC.The 2024 Bitcoin halving is expected to take place in April and will be the fourth halving in Bitcoin’s history. Halvings decrease the supply of new BTC, ensuring its scarcity.
According to crypto analysis firm Rekt Capital, the first stage is called the pre-halving downside phase, which sees bearish price movements due to investors anticipating the event. The second stage — the pre-halving rally — records significant price increases due to moves by short-term investors who want to reap the benefits of the halving hype.
At the time of writing, many market observers believe Bitcoin has entered the third stage: a pre-halving retracement.
This phase records downward price movements mainly due to investors anticipating incoming sell pressure and exiting their positions — and this is where investors expect Bitcoin ETFs to play a crucial role.
The fourth stage, reaccumulation, starts after the halving takes place and may last up to five months. At this point, most hype is lost, and many investors exit their positions as they get bored due to stagnant price movements.
However, at the end of this reaccumulation phase comes the fifth stage of halving: the parabolic uptrend. This is where the Bitcoin price can recover from the third and fourth stages and hit a new all-time high (ATH).

ETFs’ impact on pre-halving retrace

In early January, the United States Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs to be listed and traded on registered traditional exchanges. This landmark decision allowed skeptical traditional investors to include Bitcoin among their assets, increasing demand for the flagship crypto.
Recent data shows that the demand for Bitcoin ETFs is too substantial to be ignored. On March 4, global Bitcoin exchange-traded products (including Bitcoin ETFs) surpassed 1 million Bitcoin in assets under management.Bitcoin’s halving event — which happens every four years or 210,000 blocks — is historically accompanied by a price retracement. 
This time, market observers are asking whether this part of the halving — which in previous years saw double-digit percentage losses — will be softened by the presence of spot Bitcoin 
BTC
$70,691
 exchange-traded funds (ETFs), which have the potential to bring large amounts of institutional investment into BTC.The 2024 Bitcoin halving is expected to take place in April and will be the fourth halving in Bitcoin’s history. Halvings decrease the supply of new BTC, ensuring its scarcity.
According to crypto analysis firm Rekt Capital, the first stage is called the pre-halving downside phase, which sees bearish price movements due to investors anticipating the event. The second stage — the pre-halving rally — records significant price increases due to moves by short-term investors who want to reap the benefits of the halving hype.
At the time of writing, many market observers believe Bitcoin has entered the third stage: a pre-halving retracement.
This phase records downward price movements mainly due to investors anticipating incoming sell pressure and exiting their positions — and this is where investors expect Bitcoin ETFs to play a crucial role.
The fourth stage, reaccumulation, starts after the halving takes place and may last up to five months. At this point, most hype is lost, and many investors exit their positions as they get bored due to stagnant price movements.
However, at the end of this reaccumulation phase comes the fifth stage of halving: the parabolic uptrend. This is where the Bitcoin price can recover from the third and fourth stages and hit a new all-time high (ATH).

ETFs’ impact on pre-halving retrace

In early January, the United States Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs to be listed and traded on registered traditional exchanges. This landmark decision allowed skeptical traditional investors to include Bitcoin among their assets, increasing demand for the flagship crypto.
Recent data shows that the demand for Bitcoin ETFs is too substantial to be ignored. On March 4, global Bitcoin exchange-traded products (including Bitcoin ETFs) surpassed 1 million Bitcoin in assets under management.Bitcoin’s halving event — which happens every four years or 210,000 blocks — is historically accompanied by a price retracement. 
This time, market observers are asking whether this part of the halving — which in previous years saw double-digit percentage losses — will be softened by the presence of spot Bitcoin 
BTC
$70,691
 exchange-traded funds (ETFs), which have the potential to bring large amounts of institutional investment into BTC.The 2024 Bitcoin halving is expected to take place in April and will be the fourth halving in Bitcoin’s history. Halvings decrease the supply of new BTC, ensuring its scarcity.
According to crypto analysis firm Rekt Capital, the first stage is called the pre-halving downside phase, which sees bearish price movements due to investors anticipating the event. The second stage — the pre-halving rally — records significant price increases due to moves by short-term investors who want to reap the benefits of the halving hype.
At the time of writing, many market observers believe Bitcoin has entered the third stage: a pre-halving retracement.
This phase records downward price movements mainly due to investors anticipating incoming sell pressure and exiting their positions — and this is where investors expect Bitcoin ETFs to play a crucial role.
The fourth stage, reaccumulation, starts after the halving takes place and may last up to five months. At this point, most hype is lost, and many investors exit their positions as they get bored due to stagnant price movements.
However, at the end of this reaccumulation phase comes the fifth stage of halving: the parabolic uptrend. This is where the Bitcoin price can recover from the third and fourth stages and hit a new all-time high (ATH).

ETFs’ impact on pre-halving retrace

In early January, the United States Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs to be listed and traded on registered traditional exchanges. This landmark decision allowed skeptical traditional investors to include Bitcoin among their assets, increasing demand for the flagship crypto.
Recent data shows that the demand for Bitcoin ETFs is too substantial to be ignored. On March 4, global Bitcoin exchange-traded products (including Bitcoin ETFs) surpassed 1 million Bitcoin in assets under management.Bitcoin’s halving event — which happens every four years or 210,000 blocks — is historically accompanied by a price retracement. 
This time, market observers are asking whether this part of the halving — which in previous years saw double-digit percentage losses — will be softened by the presence of spot Bitcoin 
BTC
$70,691
 exchange-traded funds (ETFs), which have the potential to bring large amounts of institutional investment into BTC.The 2024 Bitcoin halving is expected to take place in April and will be the fourth halving in Bitcoin’s history. Halvings decrease the supply of new BTC, ensuring its scarcity.
According to crypto analysis firm Rekt Capital, the first stage is called the pre-halving downside phase, which sees bearish price movements due to investors anticipating the event. The second stage — the pre-halving rally — records significant price increases due to moves by short-term investors who want to reap the benefits of the halving hype.
At the time of writing, many market observers believe Bitcoin has entered the third stage: a pre-halving retracement.
This phase records downward price movements mainly due to investors anticipating incoming sell pressure and exiting their positions — and this is where investors expect Bitcoin ETFs to play a crucial role.
The fourth stage, reaccumulation, starts after the halving takes place and may last up to five months. At this point, most hype is lost, and many investors exit their positions as they get bored due to stagnant price movements.
However, at the end of this reaccumulation phase comes the fifth stage of halving: the parabolic uptrend. This is where the Bitcoin price can recover from the third and fourth stages and hit a new all-time high (ATH).

ETFs’ impact on pre-halving retrace

In early January, the United States Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs to be listed and traded on registered traditional exchanges. This landmark decision allowed skeptical traditional investors to include Bitcoin among their assets, increasing demand for the flagship crypto.
Recent data shows that the demand for Bitcoin ETFs is too substantial to be ignored. On March 4, global Bitcoin exchange-traded products (including Bitcoin ETFs) surpassed 1 million Bitcoin in assets under management.Bitcoin’s halving event — which happens every four years or 210,000 blocks — is historically accompanied by a price retracement. 
This time, market observers are asking whether this part of the halving — which in previous years saw double-digit percentage losses — will be softened by the presence of spot Bitcoin 
BTC
$70,691
 exchange-traded funds (ETFs), which have the potential to bring large amounts of institutional investment into BTC.The 2024 Bitcoin halving is expected to take place in April and will be the fourth halving in Bitcoin’s history. Halvings decrease the supply of new BTC, ensuring its scarcity.
According to crypto analysis firm Rekt Capital, the first stage is called the pre-halving downside phase, which sees bearish price movements due to investors anticipating the event. The second stage — the pre-halving rally — records significant price increases due to moves by short-term investors who want to reap the benefits of the halving hype.
At the time of writing, many market observers believe Bitcoin has entered the third stage: a pre-halving retracement.
This phase records downward price movements mainly due to investors anticipating incoming sell pressure and exiting their positions — and this is where investors expect Bitcoin ETFs to play a crucial role.
The fourth stage, reaccumulation, starts after the halving takes place and may last up to five months. At this point, most hype is lost, and many investors exit their positions as they get bored due to stagnant price movements.
However, at the end of this reaccumulation phase comes the fifth stage of halving: the parabolic uptrend. This is where the Bitcoin price can recover from the third and fourth stages and hit a new all-time high (ATH).

ETFs’ impact on pre-halving retrace

In early January, the United States Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs to be listed and traded on registered traditional exchanges. This landmark decision allowed skeptical traditional investors to include Bitcoin among their assets, increasing demand for the flagship crypto.
Recent data shows that the demand for Bitcoin ETFs is too substantial to be ignored. On March 4, global Bitcoin exchange-traded products (including Bitcoin ETFs) surpassed 1 million Bitcoin in assets under management.Bitcoin’s halving event — which happens every four years or 210,000 blocks — is historically accompanied by a price retracement. 
This time, market observers are asking whether this part of the halving — which in previous years saw double-digit percentage losses — will be softened by the presence of spot Bitcoin 
BTC
$70,691
 exchange-traded funds (ETFs), which have the potential to bring large amounts of institutional investment into BTC.The 2024 Bitcoin halving is expected to take place in April and will be the fourth halving in Bitcoin’s history. Halvings decrease the supply of new BTC, ensuring its scarcity.
According to crypto analysis firm Rekt Capital, the first stage is called the pre-halving downside phase, which sees bearish price movements due to investors anticipating the event. The second stage — the pre-halving rally — records significant price increases due to moves by short-term investors who want to reap the benefits of the halving hype.
At the time of writing, many market observers believe Bitcoin has entered the third stage: a pre-halving retracement.
This phase records downward price movements mainly due to investors anticipating incoming sell pressure and exiting their positions — and this is where investors expect Bitcoin ETFs to play a crucial role.
The fourth stage, reaccumulation, starts after the halving takes place and may last up to five months. At this point, most hype is lost, and many investors exit their positions as they get bored due to stagnant price movements.
However, at the end of this reaccumulation phase comes the fifth stage of halving: the parabolic uptrend. This is where the Bitcoin price can recover from the third and fourth stages and hit a new all-time high (ATH).

ETFs’ impact on pre-halving retrace

In early January, the United States Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs to be listed and traded on registered traditional exchanges. This landmark decision allowed skeptical traditional investors to include Bitcoin among their assets, increasing demand for the flagship crypto.
Recent data shows that the demand for Bitcoin ETFs is too substantial to be ignored. On March 4, global Bitcoin exchange-traded products (including Bitcoin ETFs) surpassed 1 million Bitcoin in assets under management.Bitcoin’s halving event — which happens every four years or 210,000 blocks — is historically accompanied by a price retracement. 
This time, market observers are asking whether this part of the halving — which in previous years saw double-digit percentage losses — will be softened by the presence of spot Bitcoin 
BTC
$70,691
 exchange-traded funds (ETFs), which have the potential to bring large amounts of institutional investment into BTC.The 2024 Bitcoin halving is expected to take place in April and will be the fourth halving in Bitcoin’s history. Halvings decrease the supply of new BTC, ensuring its scarcity.
According to crypto analysis firm Rekt Capital, the first stage is called the pre-halving downside phase, which sees bearish price movements due to investors anticipating the event. The second stage — the pre-halving rally — records significant price increases due to moves by short-term investors who want to reap the benefits of the halving hype.
At the time of writing, many market observers believe Bitcoin has entered the third stage: a pre-halving retracement.
This phase records downward price movements mainly due to investors anticipating incoming sell pressure and exiting their positions — and this is where investors expect Bitcoin ETFs to play a crucial role.
The fourth stage, reaccumulation, starts after the halving takes place and may last up to five months. At this point, most hype is lost, and many investors exit their positions as they get bored due to stagnant price movements.
However, at the end of this reaccumulation phase comes the fifth stage of halving: the parabolic uptrend. This is where the Bitcoin price can recover from the third and fourth stages and hit a new all-time high (ATH).

ETFs’ impact on pre-halving retrace

In early January, the United States Securities and Exchange Commission (SEC) approved 11 Bitcoin ETFs to be listed and traded on registered traditional exchanges. This landmark decision allowed skeptical traditional investors to include Bitcoin among their assets, increasing demand for the flagship crypto.
Recent data shows that the demand for Bitcoin ETFs is too substantial to be ignored. On March 4, global Bitcoin exchange-traded products (including Bitcoin ETFs) surpassed 1 million Bitcoin in assets under management.

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