đąăCrypto Market Dynamics: When will the Bitcoin bull market come? ă
Hello everyone! Today we are going to talk about the hot topics in the recent crypto market. On September 16, crypto analyst PlanB made some interesting comments on social media, which attracted a lot of attention. Let's take a look at what he said!
PlanB said that the market is still sideways, with a trading range of about 60k. He revealed that he is ready to re-enter the market and believes that Bitcoin is in the early stages of a bull market, but the real rise has not yet come. Miners are still struggling to cope with the challenges brought by halving. PlanB also pointed out that the price of Bitcoin needs to double again before the bull market can really start.
At this time, the famous cryptocurrency analyst Willy Woo also joined in the fun! He commented under PlanB's tweet: "At the current BTC pricing, only the latest models of mining machines can be profitable after the halving. As the chart shows, now is usually a good time to buy BTC (and use the latest generation of hardware for mining)."
The views of the two analysts have sparked a lot of discussion. PlanB believes that the market is still brewing, while Willy Woo believes that now is a good time to enter the market. Who is right? This may take time to verify.
For ordinary investors, the opinions of these analysts can be used as a reference, but they should also make decisions based on their own situation and risk tolerance. After all, the volatility of the crypto market is still quite large.
So, what do you think of the current market situation? Do you think the Bitcoin bull market is really coming, or do we need to wait a little longer? Welcome to share your views and insights in the comment area! Discuss together and grow together!
Finally, I would like to remind everyone that investment is risky and you need to be cautious when entering the market! I hope everyone can find their own rhythm in the crypto market and get ideal returns. đ
Looking forward to your comments and interactions! Let's pay attention to the crypto story and gain insights into the latest developments in the blockchain industry!
