Stop the idea of skyrocketing!
That’s all for today’s tips!
Will Bitcoin rise after the 2024 halving?
The answer is no!
However, Bitcoin rose 8,069% in the 12 months after the 2012 halving, 284% after the 2016 halving, and 559% after the 2020 halving.
So if you think that the price of altcoins will rise exactly after the halving, you are wrong.
The halving may not cause a big price fluctuation on the day it occurs.
Some of the economic effects of the halving may have already occurred, and investors bought Bitcoin in anticipation of the halving event, and the aftershocks of the halving will last for months or years.
In fact, I know all the scenarios. I will play slowly. This is the expected scenario.
To be honest, people who can make money are really amazing. Pulling up and smashing the market is just a matter of typing. Long positions are overextended, short positions are overextended.
In the final analysis, this is just a liquidation game. If it rebounds again, it will be really poisonous.
Keep your wallet steady, don't mess around, you still can't make money.
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