This round of Bitcoin halving can be said to have disappointed the entire market!

In history, every round of Bitcoin halving will usher in a big market within 3 to 4 months. This time, 4 months have passed, and the market has fallen compared to 63,800 at the time of halving.

Is the historical law invalid or is there a good show behind? No one can guarantee this. After each Bitcoin halving, the market supply of Bitcoin will decrease, resulting in a situation where supply is less than demand, pushing up prices.

After the halving, the psychological expectation of the entire market is also rising, so everyone will hoard some chips during this period. Therefore, every time Bitcoin is halved, the market almost rises. But this time, the historical law failed.

You can recall that after the Bitcoin halving, coupled with the approval of the ETF, a number of institutions such as BlackRock entered the market and frantically bought the bottom. At least until now, they have no signs of selling. If they are not optimistic about the future market, then what they should do now is to sell slowly like Grayscale. But instead of selling, they are slowly increasing their positions.

But from this point of view, we really don't need to worry about the future market. The future is still bright!