#加密市场盘整

Periodic Bull and Bear Cycles: Bitcoin price fluctuations are highly correlated with the halving mechanism, with a clear bull and bear cycle occurring every four years. For example, after the first halving in 2012, the price of Bitcoin rose from $10 to $1,100 in 2013; after the second halving in 2016, the price rose from $400 to $20,000 in 2017; and after the third halving in 2020, the price increased from around $6,000 to nearly $69,000 in 2021. However, after each bull market, Bitcoin has experienced remarkable corrections, with price drops of over 80% from historical highs in 2014, 2018, and 2022.

Long-term Perspective: For investors optimistic about Bitcoin's long-term prospects, it is advisable to buy at the cyclical bottom and hold, incrementally building positions during market panic and price undervaluation, patiently awaiting the arrival of the next bull market, with the potential for substantial returns. However, investing in Bitcoin carries high risks, with potentially large price fluctuations; investors should make cautious decisions based on their risk tolerance and investment goals. $BTC