After each Bitcoin halving, the currency circle will experience a few months of decline and callback cycle. This cycle is usually used to confirm the price of Bitcoin, and it is also the process of the banker building a position. Every time Bitcoin is halved, it will usher in a big bull market. Will there be any surprises in this round?

Continuous pull-ups, adjustments, and declines are the best way to wash the market. Retail investors will slowly lose patience under such torture. Due to the recent sideways trend of Bitcoin and the lack of hot spots, the market has almost no wealth-making effect, which will gradually dissipate the confidence of many retail investors in the market. But sideways trading is not the end of the bull market, but a preparation for the consolidation stage. I am full of hope for the future!

Many people ask, why hasn't Bitcoin risen after so long since the halving, is the bull market over? I can tell you for sure that the bull market is not over. Bitcoin often has large fluctuations before and after the halving. Expectations before the halving usually drive prices up, and after the halving, Bitcoin often pulls back first, and then usher in a bull market.

Historical data shows that the market usually experiences a bear market of about 1.3 years before the halving, and then reaches its peak in about 1.3 years, which takes about 2.6 years in total. It takes an average of 480 days from halving to the peak of the bull market. In previous halving events, Bitcoin prices usually rose within 150 days after halving, but there were also retracements, such as 30% and 38% in 2016 and 2019, respectively. This year, Bitcoin has retreated by about 23% since the halving.

Now most people are still worried about a big drop, the Fed's interest rate hike, and the Ethereum ETF's failure to pass. These concerns have led to pessimism about the market and full of complaints! But the market often starts inadvertently, and it is definitely not when most people think it will rise. You can look back at ORDI, SATS, and SOL in the inscription sector. These coins rose sharply when the market was optimistic, but those who entered the market later did not make money.

If you want to make money, you don't have to wait until a certain sector or currency has been launched for a long time and everyone is optimistic about it before entering the market. At that time, the risk is already very high. You have to enter the market when no one cares and everyone is pessimistic, because each sector is an indispensable part of the blockchain industry, but it is not yet time for them to explode.