The future isn't certain until it's past, but successful cryptocurrency investors have relied on the power of recurring patterns in these historical trends.
Here are 12 tips on the Bitcoin halving cycle from crypto influencers on X, the social media site formerly known as Twitter.
1. It’s still early in this halving cycle
Like clockwork 😄 #Bitcoin pic.twitter.com/BrZRDsgsLN
-Thomas | heyapollo.com (@thomas_fahrer) March 2, 2024
It may seem strange to traders to withdraw in the new waters and make long entries into BTC right after a new all-time high. But as seasoned traders know, and as you can see from the Bitcoin price chart going back to 2013 above, it's early.
Set stop losses, make trading plans, and stay informed about the market and news, but a timid buyer will miss the results of a huge price increase on crypto exchanges if Bitcoin follows the four-year pattern it followed over the last three cycles.
2. Never sell Bitcoin
#Bitcoin goes towards infinity. pic.twitter.com/leEsbRkG37
-Sriram (@sriramHODL) December 30, 2023
It is downright dangerous to short sell Bitcoin. Investors can easily lose all the money they have in such a risky deal. When you short sell Bitcoin, like stocks, you are exposed to losses as the market price rises.
The price of Bitcoin rises sharply and violently on a regular basis, sometimes recording double-digit percentage gains in a single trading day. As a result, Bitcoin short traders can easily lose all the money in their wallets.
3. Bitcoin versus gold versus savings
Should I invest $100 per month in stocks, gold or Bitcoin? pic.twitter.com/E1gLa2XIAd
– Tom Crown (@TomCrownCrypto) December 29, 2023
Bitcoin has incredibly, radically, staggeringly, almost miraculously outperformed gold spot prices and savings account returns. Because the difference is so great, it has ironically put off many potential adopters.
Many believe that it is too good to be true without some sort of capture due to the ROI of investing in Bitcoin. They are used to the world before the Internet, when it really was impossible.
But today, with everything tied together, it was possible to get the velocity of money and the momentum needed to generate that level of growth, especially for a disruptive financial product with a compelling proposition. with high added value.
4. Halving Kills Available Supply
THE #Bitcoin the halving is about 80 days away.
here's how #BTC performed after all previous halves: pic.twitter.com/s4xYFlBVy9
– Rajat Soni, CFA (@rajatsonifnance) February 2, 2024
It is good that fundamental analysts and long-term thinkers are aware that the supply of Bitcoin available for trading on exchanges has been decreasing since the third half. This is a radical change in the fundamental calculus of economics that underpins Bitcoin prices.
The supply of Bitcoin on exchange increased until the first three halves. After the second halving, the available supply decreased somewhat, but began to increase again well before the third halving. However, after the third half, the commercial supply dropped and has continued to fall.
If you predict BTC prices based on supply and demand, it's incredibly bullish for spot Bitcoin holders with their hard wallets, crypto exchange Bitcoin traders, and their respectable friends, with 1 .5% of their portfolio. move in a spot ETF with Fidelity or BlackRock.
5. Halving Cycle Timing
It's about that time.
V
Good year! ✨ pic.twitter.com/4clbUO12pm
– Root 🥕 (@therationalroot) December 31, 2023
6. Bitcoin Maximalist Timeline
#Bitcoin is the next global reserve currency and it's the end of the cycle. The last monetary revolution. pic.twitter.com/qifw8r5lxB
-Thomas | heyapollo.com (@thomas_fahrer) January 11, 2024
7. 2030 price target: $682,000
2030 #Bitcoin Target price.
– Arche Invest pic.twitter.com/3ufHg5wnkS– Stamp Seed 🔨 (@Stamp_Seed) January 10, 2024
8. Polaroid infographic: Bitcoin still short
men will make 7 figures in a bull market and live like that pic.twitter.com/w4dJJzgBFh
– LilMoonLambo (@LilMoonLambo) January 17, 2024
9. 21 BTC for 8,000 people
Not optimistic yet? 🔥 #bitcoin pic.twitter.com/X7JiAYWklU
-Glocke 🧡 (@Kluckies_) January 25, 2024
10. Bitcoin versus dollars
80% of all dollars were created in the last 5 years.
Have a good night.#bitcoin pic.twitter.com/pt3jYXTdMB
– 🏔Adam O🏔 (@denverbitcoin) March 1, 2024
11. Bitcoin versus gold
#BTC against gold pic.twitter.com/PlEf00aRiY
– naive (@naiivememe) March 1, 2024
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