How big is the correction after the production cut? How long will the correction last?

Referring to the halftime of the bull market in 2021 (519), Bitcoin retreated by about 55%, bottomed out from mid-May to June 21, and bottomed out again in mid-July. The overall correction time was 2 months, and then the second half of the bull market began.

But after June 21, the game currencies that were in the hot sector at the time no longer followed Bitcoin's second decline, but started the second half of the market in advance.

The correction of this wave of market in 2024 is currently around 20%. It has really started to be considered a correction since the beginning of April, and it has only been less than 28 days in terms of time.

So from the perspective of time, it is still not enough at present, but from the perspective of amplitude, I think it is difficult for BTC to have a large correction. Even if it is a deep correction, it will recover quickly. The mining cost is about 52,000 yuan. Because the first half of the last bull market rose sharply, the correction was also deep. This round is not the case. The increase is relatively small, so the correction is also relatively small. Only time can end the correction. It is inevitable that the wash phase will be accompanied by various negative news. The dealer's trading method is to advance one step and retreat two steps to suppress the currency price. The purpose is to make retail investors panic and sell their chips. The dealer absorbs chips at a low level and starts a new round of pull-ups with enough chips. What we have to do is to dance with the dealer, choose a good track, choose a good target, buy small when it falls, sell big when it falls, and leave the rest to time. Give time some time#比特币减半 #大盘走势 #庄家思维 $