There are only 200 days left until Bitcoin halving

币姥爷 · 2023-10-09T07:59:34.000Z

On October 9, 2023, Grandpa checked in. As expected, Israel officially declared war on Hamas, and the war escalated. It is still uncertain whether neighboring countries will unite to oppose Israel. War is always just a means. Whether it is Netanyahu’s ZZ purpose or the infiltration of Western forces, mainly Lao America, behind it, it is the people at the bottom who suffer. The detonation of war also reminded us that more emergencies may occur in the future, including economic black swans, because in the past, detonation of war was also one of the main means for Lao and the United States to transfer economic conflicts. . The Middle East is the world's oil depot. If the war spreads further, it will definitely affect the rise in oil prices, which will directly push up inflation and trigger an economic recession. The main reason why the Federal Reserve has not stopped raising interest rates is to suppress inflation. When the impact of the Russia-Ukraine war is reduced, another Palestinian-Israeli war will increase the pressure on inflation. According to our previous judgment, basically there will be one more increase this year, but there will be no more increase next year. Now it will be judged based on the war situation next year. Starting today, there are only 200 days left until the next round of halving of the pie. No matter how the macro goes, the day of halving of the pie is approaching step by step. According to historical experience, there will be small-scale speculation before halving, which is often driven by emotions. At present, there are very few voices talking about halving in the market, including spicy strips that were halved in advance and are not too special. Now they are halved. There is less and less of an emotional push on the market. But in my opinion, the substantial impact of halving on the market is still very large. In the long run, for up to 4 years, the new supply will decrease, and the impact on prices cannot be ignored. In terms of market conditions, the market stopped moving after a rebound. After a sharp drop, it traded sideways and then rebounded. The short-term market trend is optimistic. As for the reaction to Palestine and Israel, let’s take a look at the performance of the U.S. stock market at the opening tonight, which can also be used as our reference. It is worth noting that the exchange rate of Ether against the pie has hit a new low in the past year or so. This is a signal that funds are leaving the market one after another. It is also a signal that it is approaching the bottom. In the past, when the market share of the pie reached a certain value, the market would Start a rebound.Thanks for reading.

October 9, 2023 Grandpa checks in
As expected, Israel officially declared war on Hamas, and the war escalated. It is still uncertain whether neighboring countries will unite to oppose Israel. War is always just a means. Whether it is Netanyahu’s political purpose or the infiltration of Western forces, mainly the United States, the people at the bottom are the ones who suffer. The outbreak of war also reminds us that there may be more emergencies in the future, including economic black swans, because in the past, the outbreak of war was also one of the main means for the United States to divert economic contradictions.
The Middle East is the world's oil depot. If the war spreads further, it will definitely affect the rise in oil prices, which will directly push up inflation and trigger an economic recession. The reason why the Federal Reserve has not stopped raising interest rates is mainly to suppress inflation. When the impact of the Russian-Ukrainian war has decreased, the Palestinian-Israeli war has come again, which has increased the pressure on inflation. According to our previous judgment, basically there will be one more increase this year, and there will be no further increase next year. Now it depends on the situation of the war next year.
Starting today, there are only 200 days left before the next round of Bitcoin halving. No matter how the macro economy goes, Bitcoin halving is approaching slowly. According to historical experience, there will be a small-scale hype before the halving, which is often driven by emotions. At present, there is little talk of halving in the market, including the early halving of spicy strips, which is not too special. Now the halving has less and less impact on the market. But in my opinion, the actual impact of halving on the market is still very large. In the long run, the new supply has decreased over a period of 4 years, and the impact on prices cannot be ignored.
In terms of market conditions, Bitcoin rebounded for a while and then went quiet. It went sideways after a sharp drop and then rebounded. The short-term market is optimistic. As for the reaction to Palestine and Israel, let's see the performance of US stocks tonight, which can also be used as a reference. It is worth noting that the exchange rate of Ethereum to Bitcoin hit a new low in the past year. This is a signal that funds are leaving the market one after another, and it is also a signal that the bottom is approaching. In the past, when Bitcoin's market share reached a certain value, the market would start to rebound.
Thanks for reading.