Overnight, the market value of the cryptocurrency market evaporated by 100 billion, and 300,000 people lost their money!
This time, there are three major negative factors. The Fed has postponed the interest rate cut, the consensus in the cryptocurrency market that it will fall before the halving, and the sudden Lebanon launched 50 missiles to attack Israel last night, and the war started again!
I always have a hunch that every halving will always encounter all kinds of strange ghost stories, and they are all the kind that I never thought of. This time it's here again.
Bitcoin's monthly line has been up for 7 consecutive months, and it has risen for 7 consecutive months. It is normal to pull back this month. However, after the halving, it is expected to slowly go bullish from May.
Don't disbelieve this. No matter how difficult it is, the bull market will start. In 2020, the epidemic closed cities everywhere, and the economy stopped. Bitcoin also started a bull market. This time there will be no exception, it's just a matter of time.
The bottom is mainly based on mainstream coins, and small coins can only be spot. Don't add leverage, because only the living have hope. Before May, everything is based on stability. When Bitcoin breaks the previous high again, the bull will come back. At that time, let's go together! 💃