#Opinion
🪙 Bitcoin investors may achieve optimal results within the first year of halving cycles:
2012: price at halving $12, price a year later $964
2016: price at halving $663, price a year later $2550
2020: price at halving $8740, price a year later $55801
2024: price at halving ~ $65000, price a year later❓
2012: price at halving $12, price a year later $964
2016: price at halving $663, price a year later $2550
2020: price at halving $8740, price a year later $55801
2024: price at halving ~ $65000, price a year later
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Considering the launch of BTC ETFs in the US post-approval, doubts arise that this event will lead to a repetition of the growth we observed previously. However, this is an important step in recognizing cryptocurrencies as a reliable investment tool by institutional investors. It should be noted that investors remember the restrictions on cryptocurrency trading in China, and this event may encourage large investment funds to offer cryptocurrencies to their clients.
However, other events should also be taken into account, such as the comments of the Federal Reserve regarding inflation in the US and their intentions to maintain the interest rate at a high level, which may restrain market participants from active purchases.
In light of these events, the ETH coin may seem more promising for investments since its price has not reached its historical high, unlike BTC, which, after updating its historical highs, paused its growth before the halving.
this is not a trading recommendation
#Analytics #News
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#Opinion
🔮 Analysts believe that based on historical data, the next peak of the bull market may occur 518-546 days after the recent BTC halving.
It will be time to stock up💰
It will be time to stock up
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