What fans are most concerned about at present is whether the trend of Bitcoin is upward or downward. What I want to say is that it will definitely go up in the end. Bitcoin will effectively break through $73,000 again, which means the official start of the bull market.
Bitcoin hit a high of $73,764 on March 14, 2024 after the spot ETF was passed.
It hit a local high of $72,762 on April 8, 2024, and fell back after the first impact. It hit a local high of $71,969 on May 21, 2024, and fell back after the second impact. It hit a local high of $71,293 on June 7, 2024, and fell back after the third impact.
The three impacts on the previous high of $73,764 failed. There will be three to six months of adjustment next. That is, the bull market will start as early as September 14, 2024, and the bull market will start as late as December 14.
The bull market in 2025 and the bear market in 2026 are the standard models of Bitcoin's trend, and are also the driving rhythm of the 4-year halving cycle. However, in each cycle, some people will criticize this as being too rigid.
The $70,000 in March was triggered by the approval of the US spot ETF at the beginning of the year. The supply tightening effect brought about by the halving of production in April may not have been reflected yet. After each halving in the past, Bitcoin would be sent to the peak of the bull market happiness in about one and a half years. Then it took about a year to "deleverage" and completely clean up the market. It was as precise as a clock. Tick-tick. Every time, someone tried to prove that the bull-bear cycle rhythm of the cryptocurrency market failed.
No matter who you are, there will always be one or two good fortunes in your life, and a good fortune is ten years. If you happen to reach this fortune with a high wealth index, then you can't be crazy about making money every year for the whole decade. The years that make the most money are often the best years in this fortune with a high wealth index. This is the law of fate. Seize these few years, and the chance to turn things around and sing is based on these few years. If you miss this opportunity, you will never get it again.
The cryptocurrency market has only been around for a dozen years, and the growth rate has been huge. After that, it will become more and more formalized, and the growth rate will become smaller and smaller. The opportunity for wealth and freedom will become less and less. Seize the remaining one or two rounds of the cryptocurrency bull market.