Will the halving lead to a big drop? Come, let me tell you some truths!
1. You should know that the cost of those big institutions entering the market this time is about 50,000 to 60,000 US dollars.
2. People who know the industry know that the price fluctuations are particularly large before and after each Bitcoin halving.
3. After the halving, it will be more difficult to mine Bitcoin, because there are not many Bitcoins left, only more than one million are waiting for us to mine. Miners may have to replace new equipment to cope with this change.
4. The Hong Kong ETF has just been passed, and a large amount of funds have not officially entered the market. Just like the last time the US ETF was passed, it took a while for it to start rising. This news is quite good!
5. It is expected that the market will stabilize in May. From June to September, it may be a time of rising momentum, and the price may rush to the range of 82,000 to 93,000.