#BTC Let’s not talk about halving, let’s talk about the topic of breaking the previous high. In the last bull market, the previous high before Bitcoin broke 6.9 was around 6.6-6.7. The lowest wash in the middle was 2.8, which was a bloodbath. During this period, many institutions and big investors continued to purchase at 5.x and 6.x, which did not affect the huge wash in the middle. This time, Bitcoin was able to rise from 1.5 to around 7.4 a few months before the halving, at an extremely fast speed. The main reason is that the frenzy of ETFs, halving, and the benefits of interest rate cuts have all landed in advance. Therefore, after the high point of 7.4, there must be a deep wash (the degree cannot be predicted, but breaking 6 is inevitable), and it will soar to the latest historical high. As for the wash time, it will definitely span the entire halving period (at least 20-30 days), and the subsequent surge will stop when the interest rate cut is implemented.