Developing an investing plan using previous Bitcoin halvings

In December of 2007, I began making investments in the coin market. I started off as a novice coin investor, but I eventually developed into a seasoned coin investor. Though he was unable to withdraw as much as he would have liked, he vowed never to repeat the error of not making numerous exits prior to the bear market.

Averaging more than 12 months of rise following the halving, Bitcoin has undergone three halves so far. The act of investing one year before to the halving, however, has both positive and negative statistics.

The next halving, which will take place in April 2024, is roughly ten months away. Using the box trading technique, investing in the year before the half is probably profitable if you adopt a conservative stance in light of previous evidence. At the peak of every cycle, 0.618 would be a decent place to consider selling.

Given that the last high was $68,000, it could be a wise move to sell a portion of your stock at roughly $42,000 (or 0.618) and raise your cash exposure while keeping an eye on the market. It feels like the recession has been prolonged rather than that it won't happen, therefore it would be appropriate to exercise caution once more.