Today let’s talk about what will happen in the bull market after the Bitcoin halving. There are so many transactions in the market because people's judgments on prices are biased.

People who have been on Bitcoin for 7 years will feel that today’s price is very reasonable. US$70,000 is just a break from the previous high and squeezed out the previous bubble. Newbie friends will think that the current price is 70,000 US dollars. This thing cannot be eaten or used. Why is it so valuable? It must be a trick to cut leeks. When Bitcoins are worth 5 million or 10 million each, these newcomers will feel that the previous price of US$70,000 is too cheap.

For example, for someone who recently got on the bus and bought Bitcoin, if Bitcoin is now $30,000, then after these three months of precipitation, as long as he understands Bitcoin and has sensed price changes in this market, he will I think 30,000 is actually very cheap. People are both sensitive and forgetful about prices. The price of Bitcoin today is $70,000. People who buy from the bottom will not think it is expensive, they think this is its normal price.

Many people ask me what I think of the market after the Bitcoin halving. The halving is actually a clear sign. This thing is certain and will definitely happen. In other words, this thing is real. Will the price rise or fall? This thing has not happened, which means that this thing is fake. It will take time to verify. So guessing is useless. Anyone who plays contracts and guesses prices to see market changes is just guessing, and they can’t make money in the long run by guessing. You must be sure of this.

Let me break it down into three situations:

The first. Assume that the price will break the previous 73,700 knives before the halving. This is very possible, because the currency market changes very quickly, basically in days. If it suddenly reaches 90,000 knives or 100,000 knives, Then the price will definitely fall back at this time. The faster it rises and there are not enough people coming in, it will definitely fall back. People who bought it recently will think it is expensive. The price changes too fast, and then it will start to fall back. This is normal. Condition. So if this happens and you want to sell a little, it's not impossible. The price rises too fast and too high. There are not enough people and insufficient funds, and the price cannot be supported.

The second type is that the price fluctuates, hovering between 60,000 and 70,000, slowly rising a little, rising a little, and finally reaching 80,000 after 2 months, 90,000 after half a month, and finally 100,000 after a few days. This is a very healthy situation, because the price needs time to digest. As long as it takes a period of time for people to think that 70,000 Bitcoin is cheap, then no one will sell it at this time, and it will stand at the support level. Why did Bitcoin fall to 15,500 during the bear market and the trading volume increased sharply, exceeding the trading volume of Bitcoin in any period of time, because most people think it is too cheap. Those who thought 20,000 was expensive before have all forgotten this matter. As long as this happens, then the market will be completely bullish at this time. Now we say bull market, relative to the previous bear market. If the bull market has not ended, we have no idea how far the bull market will go. This situation is the best situation, and it can also make many people hold it. Many people tend to sell at high prices and miss out because the price changes too quickly, and their mental anchoring of the price cannot keep up. However, if you give it some time, its anchoring point will be reset. The market has such a function, and psychological perception can be corrected after a certain period of time.

The third situation is that the price will remain unchanged after the halving, still at 60,000-70,000, and slowly wait for the new market narrative, or fall first, so that many people turn off the mining machines, so that more powerful miners can make more money. This is also possible, and finally slowly recover, and finally with a bigger bull market narrative, it will rush to 150,000 in 3 months, challenge 200,000 US dollars, and if the sentiment is enough to fomo, then challenge 300,000 US dollars, and finally the market will fall back, and the bull market will end, which is also possible.

A bull market must be known as a bull market after the fact. If you know that it is an absolute bull market at this moment, then you have a God's perspective. If you know, then of course you can sell the coins in your hands. Buy them back in a bear market, but most people can't do this. Who knows? Now is the peak of the bull market. I can only say that it is in the early to middle stage of the bull market. Once the halving is over, it will basically be the middle stage. Prices will definitely rush up at some point in time. We cannot predict how much they will rush up.When it will end and whether there will be a complete bull market, we must look back in hindsight to know. This is the biggest difficulty in this matter. When you are in this field, your whole being is in chaos, and you cannot see the end of the road ahead. Newbie friends may not understand what I mean, but friends who have passed by a bull and bear will definitely know what I mean. What's the meaning.

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