Bitcoin halving is good news! Good news!
After Bitcoin halving, will the violent bull market continue until 2025?
Bitcoin performed well today. After several attempts to lure investors into selling, it ushered in a wave of increases in the opposite direction
Although it did not rise to the sky in one go, it at least allowed the market to get rid of the haze
It also gave the bulls a chance to breathe. Of course, this does not mean anything, it just stopped the decline
The most noteworthy thing at the moment is how the market will go after the halving? Is it another big correction, or the beginning of a violent bull market?
This is a trend issue, which requires a comprehensive judgment based on many factors
The judgment of the trend background mainly includes the following points
First, the capital side
If the market wants to rise, it must require a huge amount of funds to replenish it. Only when demand exceeds supply will it trigger a price increase
The current known capital news is that the Bitcoin ETF applied for by BlackRock has been approved
This is the core point where a large amount of funds will enter the market one after another, one is the entry of European and American institutions, and the other is the entry of institutions in the Asia-Pacific region
Second, the fundamentals
Bitcoin will be halved on April 20, which is a major positive and will be finalized soon, which means that the cost price of Bitcoin will increase!
Third, policy
This mainly considers the US interest rate cut. There is news that the interest rate will be cut in June, but it has not been confirmed yet and needs further attention
Fourth, technical
This depends on the weekly trend of Bitcoin. It has broken through the historical high. Although it is currently in a correction, the amplitude is not large, and it is mainly oscillating
The capital side and fundamentals point to a favorable direction, while the policy side and technical side are uncertain
On the whole, the favorable currency circle has an advantage, which is also the most objective analysis at present
But whether the bull market can continue until next year 2025 depends on whether you can identify the top of the bull market!
If you don’t know how to do it and want to get Li Ge’s guidance and help, click on my avatar and follow Li Ge.
My more detailed insights into the current bull market, as well as the crazy bull spot ten-fold coin honey horse, are shared free of charge with all real fans!
If you want to successfully land in this round of bull market, leave a message!
