The “halving” event is expected to become a positive catalyst for a new round of bull market, mainly due to two factors: on the one hand, the emergence of Bitcoin spot ETFs has increased market demand; on the other hand, the “halving” event has further reduced the supply of Bitcoin.

Looking back at history, Bitcoin halving events are always accompanied by significant price fluctuations. In the 30 days before the halving in 2012, 2016 and 2020, the Bitcoin price achieved gains of 5%, 13% and 27% respectively. Additionally, the halving event also contributed to significant growth in the number of Bitcoin addresses. Specifically, in the 150 days after the halving event, the number of newly created Bitcoin addresses surged by 83%, 101%, and 11% respectively.

Nonetheless, it is worth noting that some market observers, including analysts from JPMorgan Chase and Deutsche Bank, have predicted that the impact of this "halving" event may have been priced in by the market in advance. This means that while the halving event itself is a potential market driver, its actual impact may not be as significant as past events. However, this does not mean that the halving event will not bring investment opportunities, but that investors need to evaluate market conditions more carefully and seize investment opportunities.

Fans asked, is the bull market over?

Yes, the bull market is digested in advance.

The fan asked again: When will the bull market start again?

After Bitcoin halving, the bull market started again, and we need to wait for interest rate cuts

The fan asked again: When will the interest rate be cut?

There are too many questions from fans, and I can't answer them all. Please look at the voting