The halfling this time is different and here's why
In 2009, when Bitcoin was born, miners were earning 50 BTC per block
In those days, its price was the price of dirt
So much so that one of the miners left his device mining
He collected approximately 6,000 BTC
Then he formatted the device
And sell it
He knew there was Bitcoin but he didn't care
Where the full price was no more than. $10
This person was injured. With psychological shock in 2021. When Bitcoin reached 69 thousand
As a result, he entered the hospital
This person did not know that Bitcoin halves every four years
In 2012
Halved to 25 btc
And in 2016
It became 12.5
And in 2020
I became
6.25
Now in 2024 it is 3.125
I analyzed the price behavior of Bitcoin in the previous halving cycles
I noticed that Bitcoin does not interact with halving
Rather, it continues in an occasional range for six months
Then it rises by an average of 5 times per cycle. This time will be different and we may not witness the same scenario due to ETFs
We can go down and then go up strong
Or Bitcoin could rise dramatically
But the possibility of it remaining in a horizontal range for 6 months is expected to happen, but to a small extent
It is important to beware of the treachery of financial markets
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