CHINA ANNOUNCES $1.4 TRILLION STIMULUS PROGRAM TO REFINANCE | CryptoMaksymus a Binance Square-en

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CHINA ANNOUNCES $1.4 TRILLION STIMULUS PROGRAM TO REFINANCE LOCAL DEBT
 THIS IS A MASSIVE LIQUIDITY INJECTION
 THE NEXT 5-6 MONTHS WILL BE SIGNIFICANT FOR BITCOIN AND CRYPTOCURRENCY

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Bitcoin: just reached 89.9 thousand, then fell back to 86.6 thousand. Bears: ha, we used to say that Bitcoin is going to zero! :)

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Is it worth buying now? This question is being asked very often in recent days. Even people who haven't even stuttered about cryptocurrency in the last three years (which is already alarming). Simple answer: we were given time to accumulate Bitcoin. Bear market 2022. Long 9 months of accumulation around previous historical peaks in 2024. This was the time to buy. Now is the time for profits. However, it is never too late to accumulate Bitcoin and even now it is possible to buy it if you are ready to hold it for the next 5 years. Not the financial council, of course.

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If you are wondering what is happening with Bitcoin now... Yes, the coming to power in the USA of Bitcoin-friendly forces became a catalyst... Yes, spot Bitcoin ETFs have become a simple, legal and reliable way to invest in physical Bitcoin... Yes, something else (there are so many factors). But this is not the main story. The main story is that 6+ months have passed since the halving. We have repeatedly talked about the importance of this term in previous cycles. And this means that the shock of the Bitcoin supply has accumulated. At current prices, the supply is simply not enough to meet the demand. Therefore, it is necessary to restore the price equilibrium between supply and demand. The only way to do this is to raise prices, which will lead to mania and a bubble in the market, but that's how everything works. It sounds crazy, but due to the fact that the software code provides a halving every four years, Bitcoin simply has no choice but to inflate the predictable bubble once every four years. After 6+ months after the halving, the supply shock forces him to restore the balance between demand and supply. This is an unprecedented case, since there has never been such an asset in the world, in which the creation of a new offer would be halved every 4 years. We see how this scenario works every time after the halvings of 2020, 2016 and 2012. And now we are going through it again... Welcome to the post-halving bull market of 2024.

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The worst thing you can do in this cycle is try to squeeze every last dollar out of the market. No one will be able to accurately determine the peak time. Therefore, choose levels now and stick to the plan when the time comes (good thing you should have set goals a long time ago). Every cycle people say that they will get out of the market as soon as they get their fortune. And every cycle the same people become greedier and greedier... and in the end they give most of the profit back to the market. The most that they have left are screenshots of how cool the portfolio of such and such a number of such and such a year looked. If you earn life-changing money, use it to really change your life. Buy a house. Make your dream come true. Buy an engagement ring. Retire your parents early. Don't go round and round so that you don't spend the next 4 years thinking about what and how it could be. But also remember: never sell all your Bitcoins :)

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If Bitcoin continues to follow gold, then the recent price movements are only flowers. It's "scary" to even think about it

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Legfrissebb hírek

Ethereum(ETH) Surpasses 3,300 USDT with a Narrowed 0.25% Decrease in 24 Hours

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Bitcoin(BTC) Surpasses 89,000 USDT with a 3.48% Increase in 24 Hours

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BNB Surpasses 630 USDT with a Narrowed 0.45% Decrease in 24 Hours

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Bitcoin(BTC) Surpasses 88,000 USDT with a 4.34% Increase in 24 Hours

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HBAR Surges Over 30% Following ETF Application

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