Bitcoin halving is less than 48 hours away, when will the big surge come?

On the eve of Bitcoin halving, the entire crypto market once again ushered in a wave of continuous declines, some people panicked and some people bought at the bottom.

Let's analyze the future trend of the crypto market.

At present, there are two main factors affecting the price of cryptocurrencies, one is Bitcoin halving, and the other is the Fed's interest rate cut.

First of all, let's talk about Bitcoin halving. The halving every four years is a big annual benefit for Bitcoin.

Based on the market changes before and after the three historical halvings, the Bitcoin mining reward halving cycle can usually be decomposed into two rounds. The increase before halving is relatively slow, with a staged high point, and there will be a certain correction when the halving is approaching. After the halving, the rise accelerated and reached a historical high.

Looking at the monthly line, Bitcoin has ushered in a continuous rise since 25,000 in September last year. It began to pull back in April when the halving was approaching. After the halving, Bitcoin will inevitably continue to usher in a wave of gains and continue to break new highs.

But it does not mean that it will climb immediately after the halving. It needs time and opportunity. That is to say, the entire second half of 24 years is the bull market cycle of Bitcoin. During this period, negative events such as selling may occur, but the upward trend will only be slowed down, not stopped.

Although the Fed is not in a hurry to cut interest rates, based on information from all parties, a rate cut in the second half of the year is almost a foregone conclusion.

As long as the Fed cuts interest rates several times, it is possible to push Bitcoin to soar.

The bull market of Bitcoin will inevitably lead to a surge in the entire altcoin sector, especially in the second half of the bull market, which is a period of active altcoins, and various myths of wealth creation will inevitably be seen again.

However, this premise is that you can endure the loss. Maybe the coins you hold have been losing money, and you may not have waited for the bull market to cut your losses. You have heard of the tail effect, which has always existed in the investment world. An investment target may rise 5 times a year, but only one week in 365 days has risen 6 times. The rest of the time is either sideways or callback. If you unfortunately miss that week, your rate of return will be very ugly.

So please believe that this round of cryptocurrency bull market is far from over. Hold the coins in your hands and wait patiently for his surge.