Why bitcoin’s ‘500-day rule’ faces its biggest test yet
CoinDesk·
60-second summary
Bitcoin's '500-day rule' faces its biggest test yet as investors await the upcoming halving event. Historically, buying BTC roughly 500 days before a halving and selling it about 500 days after would have produced profits. This strategy has been profitable in prior cycles, but its validity is being questioned.
The so-called ‘500-day rule’ says buying BTC roughly 500 days before a bitcoin halving and selling it about 500 days after would have produced profits in prior cycles.