"Bitcoin Halving: Navigating the Path to Parabolic Breakout Amid Institutional Influence"

Bitcoin experienced a sudden drop to $65,000 amid a short-term market sell-off, encountering resistance at $68,000 just before the halving event. Analyst Rekt Capital identified three stages related to the halving that can help investors maximize profits: the pre-halving retrace, re-accumulation phase, and parabolic uptrend. The pre-halving retrace, already occurred, was a final bargain-buying opportunity. Bitcoin is now in the re-accumulation phase, characterized by sideways movement, setting the stage for future growth. Once Bitcoin breaks out from this phase, it is expected to embark on an accelerated growth trajectory. The timeframe for this cycle could be shorter than historical patterns, potentially influenced by factors such as the recent all-time high and the impact of the US-launched ETF.