One year after the 4th Bitcoin Halving
There are many questions in the crypto community, as the much-anticipated BULL RUN has yet to happen. It can be said that we are very optimistic about seeing the previous cycles fulfilled, but they are not arriving. Could it be that many people, whether they call themselves investors, whales, or now TACO TRUMP, control the market? The expectations of a significant price boost due to the approval of ETFs and the anticipated supply crisis resulting from the 'halving' did not materialize as expected.
Of course, this generated a sense of disappointment and concern in the community and among those small investors (who for me are small), who wonder if something went wrong in the initial projections and what additional factors could be influencing the recent market instability.
Just over a year after the fourth Bitcoin halving, we can NO longer say that 'it is still early to say that the long-awaited bull run is already upon us.' Undoubtedly, it should happen at some point, but when? Perhaps it will be too late for some. It is also said that we must be patient; others not so much. But until when can we wait? Do we have enough resources to hold out? What is certain is that this 4th HALVING has shown us that not everything is predictable and that there are many external agents that affect and modify it.
We know that the reward for mining fell from 6.25 BTC per block to 3.125 BTC. This reduction was considered slightly different as many new players entered the space, such as an increase in institutional dollars, whales, opportunists, and others.
Both the rises and corrections in the price of Bitcoin are distinctive characteristics of cryptocurrencies, from their inception to the present. It is part of the dynamics. This volatility, which generates concern during periods of decline, often serves as an attraction for some traders looking for high profits in a short time.
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