Source: TheMerkle.com
Historical trends indicate that Bitcoin typically breaks out 150-160 days after a Halving event, which places the expected breakout from its ReAccumulation Range in late September 2024.
However, investors should approach this period with caution due to some unfavorable historical data.
Historically, September has not been a strong month for Bitcoin, with average monthly returns showing a decline of -4.48%. The highest recorded gain for Bitcoin in September has been
Read More https://themerkle.com/bitcoin-breakout-expected-by-late-september-2024-but-historical-data-suggests-caution/
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Source: TheMerkle.com
