Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving only 1 year away
by
Altryist
on 04/05/2023, 14:40:29 UTC
Relying solely on past patterns that may repeat themselves is not recommended. There will be many factors that can affect the market and it will not be the same as the past. It may be a bit off the mark, but a bull market when the halving will happen could happen but the extent of the bullishness will be unpredictable. Crypto volatility will be very influential. Doing some risk management and strategy would be advisable. Must have a plan A and plan B when the strategy does not match the initial plan.
If we evaluate the cycles globally, then the result will be the same, after the bear market comes the bull market. To what extent it will repeat is really very difficult to say, or how much the cycles will increase or decrease is also very difficult to say, but this should worry traders, but for investors everything remains the same, we are gaining positions in the bear market and waiting for the onset of the bull market.

Whether the rise in the price of bitcoin depends on halving or not, this is not so important, I see a trend that after each halving, bitcoin becomes more expensive, even if this does not happen immediately, this suits me quite well.