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

Finally, don't forget to support me with 10 likes just to encourage me

To make more efforts to serve you

May you always be kind 💓

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