Bitcoin & The Wider Crypto Market Are Crashing! But Why? Full Analysis.

As I browse Bitcoin and the wider crypto markets this morning, all I see is a sea of red.

Bitcoin has seen a major price retrace of 7% in the past 24 hours and the rest of the crypto market has historically followed suit.

But the big question is why has this retrace happened?

Lets take a closer look as it is important to understand.

Below is the historical Bitcoin chart showing all of the halving events:

As you can see from the above chart, just before each halving event has been a period called the "Bitcoin Pre-Halving Retrace" where Bitcoin retraces in price until after the halving event where Bitcoin then goes off on its parabolic Bitcoin run.

So whilst there is a lot of panic on social media today where people are doom mongering about the crypto market, this retrace is historical and all part of the plan.

And remember, Bitcoin drives the crypto markets and when Bitcoin begins its parabolic bull run move, liquidity will then flow into the altcoin markets.

According to Bitcoins historical cycle, Bitcoin should hit its bull market peak between December 2024 and February 2025 and the altcoin market should see its bull market peak in summer/autumn 2025.

Obviously this isn't taking into consideration a major black swan event but if all goes to plan, this is how this current bull market will pan out.

So whilst everyone is panicking, the smart crypto traders and investors are loading up their positions getting ready for Bitcoin and crypto's parabolic bull run post halving.

And whilst this shouldn't be taken as financial or investment advice, now would be a great time to buy your favourite crypto coins and buy the dip because when Bitcoin and the wider crypto market take off, it could be too late.

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