This will be my first BULL RUN, where we will experience face ripping price increases. In my previous post The when and How to save in bitcoin, I identified different points on a chart showing the best time to start purchasing bitcoin, for a 1-3 year trade.
To recap, the best time to begin buying for that trade is 6-8 months before the halving (pink dots). 6 months after the halving (pink dots) we get rapid price increases. Today we are 3 months post halving (April 2024) which means we will begin seeing them soon and for a year or so after.
Based on history, the BULL RUN coming will see its highest prices near the end of Summer 2025. This is based on historical patterns. Last chance to make a quick short term trade ends in September 2024; hold until Summer 2025 for a once-in-a-four-year opportunity to rapidly save.
The goal of this post is to remind you that during this time of the bull run, we see higher than normal returns. Take profit as planned during these times, and beginning the process of saving dollars and dollar cost averaging for retirement purposes.
