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re: Official CryptoTalk Thread
Posted on 4/22/24 at 1:13 pm to I Love Bama
Posted on 4/22/24 at 1:13 pm to I Love Bama
quote:
Are you slow? Serious question.
If not, can you explain to me how a “sell the event” can happen days after the actual event itself?
“Oh man, the halfening happened last week! Gotta sell!” Lol
It dumped before the event and the effects of the event will continue to happen after. A post event dump happens all the time, the entire impact of the event doesn’t have to happen before the event. It dumped 20% a few weeks before the halving in 2016 and then dumped an additional 20% two weeks after the halving, but according to you that 20% two weeks after was because of something else
This post was edited on 4/22/24 at 1:50 pm
1
Posted on 4/22/24 at 5:20 pm to kc8876
So next year, when it dumps 20% again, will that be because of the halfening?
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