For newcomers in the currency circle, they may not know much about the relationship between Bitcoin's "halving" and "bull market". Today, let me give you a brief popular science!
Do you know? Bitcoin will experience a "halving" every once in a while. And after that, there will often be a wave of "bull market", that is, when the price of the currency rises sharply!
Looking back at the past history: 宠粉基地
• After the halving in 2012, it took only 48 days for the bull market to start vigorously!
In 2016, this time was a little slower, and it took 259 days to wait for the bull market.
And what about 2020? That bull market started 149 days after the halving.
Now, the halving day in 2024 is coming soon, and it is expected to be on April 19.
So, when will this bull market come? If we look at the average time it takes for the bull market to start after the past three halvings, it is about 152 days, which is about 5 months in months.
So, according to this rule, the bull market in 2024 is likely to start around September.
Of course, this is just a guess based on historical data. The cryptocurrency world is always full of surprises and uncertainties. But anyway, for us newbies in the cryptocurrency world, it is always right to be prepared in advance!
You might as well pay more attention to market trends and learn some investment knowledge. When the bull market really comes, you can better seize the opportunity and make a lot of money!
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