Seeing that many people in the market are still worried about whether the bull market is still there and when it will break out? Let's discuss this topic.
First of all, we should realize that halving itself is a big positive, but it does not mean that there will be an outbreak once halving. It may take another period of shocks for retail investors to leave the market before the bull market can really start. My personal prediction is that it may gradually start in June at the latest, so every big pullback in the future is an opportunity to enter the market.
Secondly, compared with the previous round, this round of bull market has been much better. The last round was affected by YQ and the lockdown, which led to panic selling by many people and the mood reached its peak. But this round has neither encountered black swan events nor Wall Street ETFs entering the market, so the situation is much better. It's just that everyone's entry point is not ideal, and the current market is relatively weak, which leads to people's concerns.
Finally, the difference between this round and the previous round is that BTC has broken through the historical high of 69,000 in March, while altcoins have not risen significantly. However, rebounding from the bottom, most currencies generally have a 300% increase.
In the cryptocurrency world, risks and opportunities coexist, so investment needs to be cautious. If you want to get high returns, you must bear the corresponding risks.
