Following this chart, we can see the green line. The "Bitcoin halving" event just took place. Bitcoin price is currently still anchored below the peak of the previous cycle.
Historical price data, plus ETF factors, US political situation under President Trump and the upcoming election, global economic situation, technology popularity, growth momentum and Bitcoin's operational basis will affect price movements in the next 9-11 months or even 18 months. This will be an attractive and volatile period.
We need to closely monitor market developments during this time to make appropriate investment decisions, and also need to look at Bitcoin from many different angles to have a more comprehensive view of its development prospects. long term of this cryptocurrency.
