Halving 2024 memes: sensationalism or reality?

Memes and posts comparing the 2020 halving to the 2024 halving, often with ironic images or phrases like "when you order it from Wish, when it arrives at your home" or "it's over for this cycle", create an atmosphere of pessimism and disillusionment in the cryptocurrency market.

But is this pessimism really justified?

Analyzing the data, a different reality emerges:

* Today we are -16% from the absolute maximum and -10% from the maximum of the last cycle.

* In the same period of 2020, we were -33% from the local maximum (June 2019) and -56% from the previous cycle high.

In other words, the current situation is much better than 2020

It is important to remember that halving is a gradual process that slowly erodes selling pressure and needs time to take effect.

Memes and sensationalist posts tend to distort reality and create unjustified panic among investors. It is essential to maintain a long-term view and not be influenced by temporary market fluctuations.

Instead of focusing on negative memes, it is more useful to analyze data and charts to better understand market trends and make informed investment decisions.

Let us remember that the cryptocurrency market is still young and constantly evolving, with periods of growth and periods of stagnation. Patience and analytical skills are key to successfully navigating this landscape.

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