Home > Quick > Body

PlanB: The current problem with the bitcoin market is that it has entered a bull market too early

clock
2024-08-09 09:33:37
Crypto analyst PlanB posted on social media that I think the current problem with the bitcoin market is that it entered a bull market too early.
Normally, the Bitcoin halving (per 210,000 blocks) occurs during the accumulation phase, but the 2024 halving (block 840,000) occurs during the bull market phase. Therefore, we have been moving ahead, but the market is not ready to rise yet.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.