Let me talk about my views on Bitcoin halving; an opportunity for ordinary people to get rich once e

Let me talk about my views on Bitcoin halving; an opportunity for ordinary people to get rich once every four years? First of all, I want to say that I am not a clickbait. I will write down my views and opinions below for everyone to read. The article is original by Chuanshuo Crypto. Please do not move the content of the article and publish it on Binance Square. Violators will be prosecuted.

First of all, when talking about Bitcoin halving, we have to mention the last round of Bitcoin halving.The last time Bitcoin halved was on May 11, 2020, the closing price was $8,605.03. But as time went by, it rose from the initial $8,605.03 to $6,5500,0; Bitcoin only took 1 year to achieve an increase of 7.61186 times;

There are 59 days until Bitcoin’s fourth halving

Looking back at history, we can find out from the long-term historical trend chart of BTC

1. The first production halving was in November 2012. In the following three months, BTC exceeded the peak of 2011. After setting a new all-time high, prices continued to gain momentum, forming the bull market of 2013. 2. After the second halving of production started in July 2016, it took six months for the currency price to first touch the 13-year peak and then fall back to gain momentum. Finally, on the 9th after the second halving In August, the price strongly broke through the peak in 2013, setting a new historical high again, and then came out of the bullish market in 2017. 3. After the third production halving started in 2020, it took 6 months to hit the 17-year peak and then briefly fell back. Then the price rose all the way, reaching the highest peak of $65,500 on April 14, 2021; 7 in the same year Months later, Bitcoin reached its highest price of 69,500, the halving market ended, and Bitcoin began a plunge callback mode.

Based on the historical circumstances mentioned above, will there be a bull market after Bitcoin’s fourth halving? My answer is: yes!Although Bitcoin has risen nearly 260% from its lowest point of 15,000 in November 2022 to 52,000 now, I feel it is far from enough. Of course, when the Bitcoin halving day comes, Bitcoin will inevitably experience one or more slumps. In the end, the price of Bitcoin will double at the key points of March-June-September after the halving day.The author does not make personal price predictions, but one thing that is certain is that Bitcoin’s next highest point will exceed $100,000.This is undoubtedly an excellent opportunity once every four years for investors who enter the market in 21/22/23 and should not be missed. The more I talk about this, the more I enjoy it. At present, because Bitcoin has passed the application for ETF, "institutions" own a large proportion of Bitcoin spot and gradually dominate the Bitcoin market. This will also lead to the decline of Bitcoin after this round of halving. Rising performance.

But the only feasible thing is that if "institutions" are optimistic about the benefits that this fourth halving will bring, then Bitcoin will far exceed the $100,000 target price I mentioned, and will it be $200,000 higher? Don't make any suspicions. You can calculate the specific increase by yourself.

Here is an additional paragraph. Now that the Federal Reserve has stopped raising interest rates, interest rate cuts may follow. If the Bitcoin halving can coincide with the interest rate cuts. Then there is no doubt that Bitcoin will start a big bull market! An incredible bull market.The article adds a paragraph at the end; the next round will not be dominated by Bitcoin alone.Ordi, etc. on the BRC-20 chain, and other copycats in AI, first/second layer, etc. sectors will definitely appear one after another with hundreds of times coins. You need to do your own research and find out.

Today’s chat comes to an end here, thank you all for reading and watching. See you next time.

标签：bitcoin my people