Bitcoin's 4-year cycle is a thing, and history shows a pattern of bull runs followed by bear markets. If you're thinking of buying now, just know the potential risks.
- Bull runs typically last 2-3 years
- Bear markets can be painful, lasting around a year
- Crashes of 70-85% are normal in these cycles
Big institutions are involved now, which might change the game slightly. But don't count on it – a 60% drop is still possible.
Right now, the market looks weak, and there's a possible short-term drop to $58K.
If you're looking to invest:
- Don't chase the hype
- Wait for fear, not excitement
- Crashes can be opportunities if you're prepared
The halving event, which cuts Bitcoin supply, happens every 4 years and can drive hype... and then reality hits.
If you're new to this, be careful – futures trading can be risky if you don't know what you're doing 😬.
#BTC #Write2Earn #BinanceEarnings #Write&Earn
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