Is the bull market coming? #加密市场盘整

From the historical market, 7 or 8 months after the halving, the altcoin season is just the time to explode;

The second halving was in July 2016. 7 months after the halving, that is, by the beginning of 2017, the price of Bitcoin rose to around US$1,000, ushering in an epic bull market. ETH became the leader of altcoins, soaring 140 times. A number of altcoins such as LTC, XRP, and BCH also began to grow explosively during this period.

The third halving was in May 2020. 7 to 8 months after the halving (from the end of 2020 to the beginning of 2021), Bitcoin broke through the high value of US$20,000. The altcoin market began to usher in the "DeFi boom" and "NFT boom". UNI, AAVE, COMP, AXS, Flow, etc. began to become hot spots. Other well-known altcoins such as BNB, ADA, FIL, DOT, etc. also began to soar one after another, driving the entire altcoin market to explode.

The fourth halving will be in April 2024, which is exactly 8 months away. Now all the external conditions are in place, and it is time for the altcoins to explode.

Looking back at the current specific market conditions, every time Bitcoin breaks a new high, it will immediately stab, almost without exception, which is mainly to explode those who chase the rise with high leverage. If nothing unexpected happens, Bitcoin will go to 120,000 this time. After Bitcoin stagnates, it will be time for altcoins to take over and pull up.

What should be done in the future to seize the opportunities that come at any time? Tonight's article will talk about this in detail.