We also have additional bullish catalysts. The anticipated compensation claims of $12 billion to $14 billion from FTX are expected to flow into the market in October and November 2024. This will inject a significant amount of new funds into the cryptocurrency market, further driving up market prices. For investors, this is undoubtedly very positive news, Nevertheless, we must also learn from past lessons. Historically, the cryptocurrency market tends to follow a four-year cycle centered around Bitcoin halving events. In the first year after the halving, the market rises rapidly; in the second year, the growth rate slows; in the third year, prices generally stabilize; and in the fourth year, prices drop significantly. Prices typically peak around 500 days after the halving. If this cycle follows the same pattern, the market could peak around October 2025
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