Cycle Education: The Bitcoin halving calendar is not a profit calendar.
Halving reduces the block subsidy for newly created blocks, but prices depend on changes in both demand and supply. Selling by existing holders, shrinking liquidity, and leveraged liquidations can all offset the impact of reduced new supply.
Historical examples are limited, so they cannot support claims like “prices always rise in the Xth month after a halving.” More useful than following a timetable is checking fund flows, market breadth, and risk appetite—and having a fallback plan if your thesis proves wrong.#市场周期 #BTC
Halving reduces the block subsidy for newly created blocks, but prices depend on changes in both demand and supply. Selling by existing holders, shrinking liquidity, and leveraged liquidations can all offset the impact of reduced new supply.
Historical examples are limited, so they cannot support claims like “prices always rise in the Xth month after a halving.” More useful than following a timetable is checking fund flows, market breadth, and risk appetite—and having a fallback plan if your thesis proves wrong.#市场周期 #BTC