*Bitcoin After the Halving: What Should We Expect in 2024?*
*What Happens After a Bitcoin Halving?*
A Bitcoin halving event cuts the reward for mining Bitcoin in half. This means fewer new Bitcoins are created, which can eventually make the price go up. But, this doesn't happen right away.
- *After the 2016 Halving:* It took about 100 days for Bitcoin's price to start rising. - *After the 2020 Halving:* It took about 147 days for the price to start going up.
These past halvings show us that Bitcoin's price usually doesn't jump right after the event. It takes time.
*What Should We Expect in 2024?*
Just like before, we shouldn't expect Bitcoin to skyrocket immediately after the halving in 2024. History tells us we might have to wait a few months to see big changes in the price.
*If Prices Drop, Don't Worry!*
If Bitcoin's price drops shortly after the halving, don't panic. This could be a good chance to buy more at a lower price before it starts to climb again.
*Stay Patient and Ready*
Investing in Bitcoin isn't about quick wins. It's about being patient and making smart choices over time. Keep an eye on the market, stay informed, and be ready to act when the time is right.
Remember, good things come to those who wait. Let's be patient and watch for our opportunity.
Performance Highlight: $LPT surged by 80% today, breaking the crucial $10 resistance for the first time in over a year. This significant move indicates strong bullish momentum.
Key Observations:
Major Breakout: Overcoming the $10 mark and a major trendline signals a positive shift in market sentiment.
Support Level: The $10 threshold, once a stiff resistance, now serves as key support. Its role is crucial for future price movements.
Forward Look:
Bullish Scenario: A daily close above $10, holding this level as support, could lead to further gains. It suggests a strong market position for $LPT , potentially opening up opportunities for long positions.
Bearish Warning: If $LPT falls back below $10, it might indicate a false breakout, risking further declines. This scenario calls for caution and possible reassessment of positions.
Advice: Market conditions are volatile. Keep an eye on the price action around the $10 support. Conduct thorough research (DYOR) before making any trading decisions.
Update on $DF : 10 days ago, I spotlighted this promising Chinese crypto on my YouTube channel at $0.37, and it has since surged to $0.44, marking a 20% increase! With a history of significant gains similar to $CKB, $Nuls, $Iris, and $PHA, $DF is now holding its early support zone and is on the verge of a weekly breakout. Recall the last time it broke out, it soared by 500%? We're eyeing similar explosive growth potential. Stay tuned for more updates as we track $DF 's journey. #CryptoGains #Iris #CKBUSDT #NULS/USDT #BTCAlert
$DYDX 0.65% of supply ($16m) on April 11 $APT 0.45% of supply ($51m) on April 12 $APE 1.56% of supply ($66m) on April 17 $AXS 1.45% of supply ($34m) on April 17 $IMX 0.9% of supply ($18m) on April 22 $RON 4.15% of supply ($43m) on April 27
You Cannot Make Big Money If You Have These 7 Emotions
1) The Emotion Of FEAR 2) The Emotion Of JEALOSY 3) The Emotion Of HATRED 4) The Emotion Of REVENGE 5) The Emotion Of GREED 6) The Emotion Of SUPERSTITION 7) The Emotion Of ANGER