$BTC $ETH Good news is bad news once it lands, but it is good news in the long run. After all, the engine of the bull market still needs hot money to come in. It is said that a bull market will be halved every four years. I don’t know if it is a coincidence or if the dog dealer can set up the game in this way, but I think the premise of the bull market is good news and hot money entering the market, otherwise the pure good news cannot support the entire market value of the current currency circle. The bull market before 2017, I think, was because of the small size, and only needed to rely on the gimmick of halving to drive the rise, especially the bull market in 2017. That year, the bull market was mainly completed by Chinese people, and many celebrities in the currency circle emerged. At that time, it was really the world of Chinese people. Of course, because there were many people bringing goods, more people entered the currency circle from the cx circle. Before 2017, it can be said that the funds in the cx circle killed the currency circle in seconds, so it created the subsequent bull market. The market, needless to say, in 2021, the gimmick of halving plus the epidemic, the old Americans issued 4 trillion yuan in large amounts of money, including all European countries, and hot money drove the surge in the currency circle. Of course, you can see that the money that year was easier to make than in previous years, and you can make money with your eyes closed, because hot money came in. This bull market is because the ETFs of BTC and ETH have passed, and the halving is about to be completed. It is expected that the big cake needs to be adjusted back to around 58,000, which is just 20% of the high point, but the market size is here. In addition to the policy benefits, the rise also needs the support of funds, otherwise Bitcoin is really the only one. So the real bull market should come after the interest rate cut. Then there are still many people saying that the bear market is coming? I don’t think so. The probability of a correction and sideways movement in the second half of the year is very high. No one knows how much Bitcoin will reach in the future, but I know one thing. As various countries open ETFs, rich people will allocate Bitcoin in the future. You can calculate the size of the whole world. It’s really drizzling now. The next bull market will definitely be a super bull market
1. The halving is completed, and it is becoming increasingly scarce to fight inflation
2. After the Bitcoin ecosystem exploded, more people hold Bitcoin. If you don’t believe it, ask people who play with the Bitcoin ecosystem. Many people have very few Bitcoins and don’t even know how to create a wallet. Since playing with the Bitcoin ecosystem, there will be more or less Bitcoin in the wallet
3. Countries have opened up ETFs for BTC and ETH. It can be said that it is a big positive policy, and formal funds are entering the market
4. With the completion of the interest rate cut, ✅ a large amount of money will be released
