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OleOle086🎩🍄
@oleole-086
**Bitcoin Halving Candles** refer to price movements on charts associated with Bitcoin halving events (when the mining reward is cut in half). Historically, each halving has triggered significant price changes, reflected in large candlesticks, both bullish (price growth) and bearish (brief corrections before further growth). ### Key Points: 1. **Before the Halving:** - Prices often rise in anticipation of reduced supply. - Long green candles on monthly or weekly charts are common before the event. 2. **After the Halving:** - Historically, Bitcoin enters a strong bullish trend a few months later. - Example: After the 2020 halving, the price rose from ~$9,000 to over $60,000 within a year. 3. **Candle Analysis:** - **Long green candles** often indicate post-halving growth. - Increased trading volume confirms strong market interest. 😊
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