Knowing these four rules of Bitcoin, you won't lose money in the currency circle!
First, the Bitcoin bull-bear cycle rotates every four years.
The bull market lasts for one and a half years, and the bear market lasts for three years. The bull markets were 2012-2013, 2016-2017, and 2020-2021.
The next bull market is generally recognized to be 2024-2025.
Second, the Bitcoin halving market, the bull market will start in the next 6 months, this is the real halving market, this time it may start in mid-to-late June.
Third, the lowest point of the bear market. After the bull market, Bitcoin will fall by 70%-90%. Usually, we buy the bottom position after a 70% drop and then hoard the currency. If there are two bottoming out, we will also buy boldly. At present, the bottom of the bear market in 2023 is around 15,400, and the bottoming out in May 2024 may be around 53,000.
Fourth, how much will it rise in 2025? Feilong predicts that Bitcoin will be worth $200,000 in 2025, which is the second or third quarter of 2025. If you ask Feilong how much he would sell Bitcoin for, Feilong recommends starting at $120,000 and selling more as the price rises.
This is responsible for you, and the conservative recommendation is $120,000.
