Although the future is not guaranteed until it passes, successful crypto investors have relied on how strong the repeating patterns within these historical trends are.
Here are 12 tips about the Bitcoin halving from crypto influencers on the social media website X, formerly known as Twitter.
1. This half-life is still in its early stages.
For traders, it may feel strange to step into new territory and make a long entry in BTC right after a new all-time high. But as any experienced trader knows, and as you can see from his Bitcoin price chart dating back to 2013 above, it's still too early.
You should set stop losses, develop a trading plan, and stay up to date on the market and news, but if Bitcoin follows a 4-year pattern for the past 3 cycles, timid buyers may want to stay on top of their crypto exchanges. You will miss out on the consequences of a significant price increase.
2. Don't short Bitcoin
Selling Bitcoin short is downright dangerous. Investors can easily lose all their funds if they make such risky investments. Just like stocks, shorting Bitcoin can result in losses as the market price increases.
The price of Bitcoin regularly rises suddenly and violently, sometimes posting double-digit increases in single-day trading. As a result, short Bitcoin traders can easily lose all the funds in their portfolio.
3. Bitcoin vs. Gold vs. Savings
Bitcoin has incredibly, dramatically, amazingly, almost miraculously outperformed the spot gold price and savings account returns. The differences are so great that they have ironically turned away many potential recruits.
Many people believe that as a result of the ROI obtained from investing in Bitcoin, it cannot be true without some pitfalls. They're used to a pre-internet world where the internet wasn't really possible.
But today, because everything is connected, it's now possible to have the kind of velocity of money moving and the momentum that creates that level of growth, especially for disruptive financial products with high value propositions. Ta.
4. Halving eliminates available supply
It is good for fundamental analysts and long-term thinkers to be aware that the supply of Bitcoin that can be traded on exchanges has been decreasing since the third halving. This is a major change in the basic economic calculations underlying Bitcoin prices.
The supply of Bitcoin on exchanges increased through the first three halvings. After the second halving, the available supply decreased slightly, but returned to increasing well before the third halving. However, after the third halving, trade supply decreased and continued to decline.
Forecasting BTC price based on supply and demand will move 1.5% of your portfolio into Spot ETFs from Fidelity or BlackRock, Spot Bitcoin holders with hard wallets, crypto exchange Bitcoin traders, and their respected For my friends, that's incredibly bullish.
5. Half-life calendar
It's about that time.
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