Part 7/13:
Bitcoin’s April so far has been challenging, down about 8% in the first two days—an unusual start given historical trends. Typically, Bitcoin’s April returns average around 31.2%, and with the month only halfway through, a rebound seems likely. Past pre-halving periods have shown that Bitcoin tends to dip just before halving events, with decreasing severity over successive cycles:
2012: 40% and 23% dips
2016: 22%
2020: 54% (during COVID-19 panic)
Recent cycles: around 17% and 10%
This pattern suggests dips are normal and usually serve as buying opportunities. The current dip is viewed as a strategic entry point as markets prepare for the upcoming halving in 17 days.