Bitcoin (BTC) is poised for a “buy the dip” opportunity as it approaches the 2024 block subsidy halving, according to several well-known market participants. These four-year cycles have seen a macro high and macro low for BTC price, with the macro low commonly occurring just over a year before the next halving. Crypto media guru Pete Rizzo and investor Alistair Milne suggest that now may be the time to buy BTC exposure, with the months leading up to the halving less beneficial for entry points. PlanB, a prominent figure in the Bitcoin industry, claims that the S2F/halving relationship is not priced in and that the 2024 halving will be “very interesting!”
‘Don’t short when it’s dark green’ — How to trade the 2024 Bitcoin halving
