Will Bitcoin continue to plummet after the halving? This is indeed a cause for concern!
The admission cost of this institution is generally in the range of 50,000 to 60,000 U. This means that if the price falls below this range, institutions may face larger losses. Therefore, from this perspective, it is unlikely that Bitcoin prices will fall significantly.
Historical experience tells us that before and after every halving of Bitcoin, its price will experience large fluctuations. This is the market's natural reaction to changes in its scarcity. But it is worth noting that this kind of fluctuation does not mean that Bitcoin will continue to plummet.
After the halving, Bitcoin’s mining difficulty will increase significantly. Because the number of remaining Bitcoins is limited, there are only more than one million left to be mined. This means miners need to invest more resources and costs to mine Bitcoin. This undoubtedly increases Bitcoin’s value expectations.
The adoption of Hong Kong ETF has brought new expectations to the market. Although big money has not really entered the market yet, as was the case after the passage of US ETFs, it often takes the market some time to digest this good news. This indicates that Bitcoin prices may usher in a new upward trend in the future.
Judging from market trends, the market is expected to gradually stabilize in May. From June to September, the market may usher in a strong upward trend. The price is expected to climb to the range of 82,000 to 93,000. Of course, this also requires a comprehensive judgment based on the market environment and news at the time. 《点击领取回本计划》
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