Prediction: Bitcoin BTC will be halved for the fourth time. Will it soar to $150,000 per coin after the halving?
There are 12 days left before the Bitcoin halving countdown. The first Bitcoin halving was in 2012, the second in 2016, the third in 2020, and today in 2024 is the fourth time
After the halving, the block reward is halved. In plain words, you can get 10 Bitcoin rewards for working before, but now you can only get 5 rewards after the halving. The income of the miners is halved, which means that the cost is increased in disguise. The comprehensive cost of the miners after the halving is about 40,000 US dollars
The output of blocks is halved, and the global consensus on Bitcoin digital gold is increasing. The essence of currency is consensus. The stronger the consensus, the more valuable it is. So naturally the price will rise.
Now we have seen various data analysts and big Vs start to predict where the price of Bitcoin will go after the halving. Some say it will reach 100,000, 150,000, and there are even predictions that it will reach 1.5 million in 2030.
In short, the core is that Bitcoin will soar rapidly after the halving, just like the last bull market, after the halving in June 2020, from more than 9,000 to more than 60,000 US dollars.
But this bull market is different from the past. Don’t define the future with the eyes of the past
The forces of the participating institutions are more complex, and the market trend will not remain unchanged, so there is no need for fomo emotions
On the other hand, when we invest, we should not bet on the future based on news. Various analysts and big Vs predict and speculate that the market has not come out yet. How to predict, what is the basis, what fluctuations or small probability events may occur in the middle, all of these are possible
For predictions without basis, people are just bragging and riding on the heat, and you take it seriously
The financial market is never 100%. In the last bull market, anyone who believed in the predictions of various big Vs, saying that Bitcoin would go to 80,000 US dollars or 100,000 US dollars, was trapped at a high position
Unfounded predictions and irresponsible remarks are different from your real money and real transactions
So why do so many stock critics and economists stop working as soon as they get out of the market
When we invest, we only look at objective facts and the basis given by the market. We can accept any trend of the market, because we have strategies to prevent risks and the ability to identify changes in the market in time and change
As the Book of Changes says: Change leads to success, success leads to longevity
The essence of everything is to keep changing according to the law, and change is the only constant
If we keep holding on to fixed thinking, thinking that there was 312 in the last bull market, there will be 312 in this wave, and we have made money in the past because we encountered the market, and we made a fortune by buying a copycat by accident, and we think we have mastered the law of making money, then it will be a big mistake
That is just an occasional change, a blind cat meets a dead mouse, but if you want to take luck as a summary of the law, this bull market will be a pity
Just like you accidentally picked up 500 yuan on the side of the road, and started to be crazy I squat on the roadside every day waiting for others to drop 500 yuan
In an occasional change, a blind cat meets a dead mouse, but if you want to take luck as a summary rule, this bull market will be a pity, which is also what many people in the currency circle have been doing
I will post my own operation suggestions and market views in the small circle every day, ambush high-quality currencies, welcome everyone to join the May small circle and seize this big bull market with me
