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SOL $85.76 -1.14%
TRX $0.3298 +0.54%
DOGE $0.0951 -0.84%
ADA $0.2483 -1.32%
BCH $442.24 -0.66%
LINK $9.25 -1.60%
HYPE $43.30 -2.45%
AAVE $90.61 -18.67%
SUI $0.9564 -0.80%
XLM $0.1704 +0.56%
ZEC $330.38 +2.60%

Binance CEO Richard Teng: With only three months until the Bitcoin halving, it's important to focus on the long term

2024-07-19 17:53:20
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ChainCatcher news, Binance CEO Richard Teng posted on the X platform stating that the market is cyclical, and experiencing ups and downs is not uncommon. It is very important to focus on the long term when making investment decisions. Here’s a reminder that it has only been 3 months since the most recent Bitcoin halving. This is not financial advice, DYOR. At the end of the article, there is an image showing the Bitcoin price increase 6 to 12 months after each halving, including a 7043% increase one year after the 2012 halving, a 289% increase one year after the 2016 halving, and a 559% increase one year after the 2020 halving.

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