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HYPE $87.84 -2.24%
AAVE $181.30 -0.28%
SUI $1.15 -1.85%
XLM $0.2142 -4.50%
ZEC $1,314.72 -5.61%
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AMZN $252.00 +0.80%
GOOGL $343.67 +0.75%
MSFT $517.71 +0.15%
META $728.30 -0.34%
NVDA $234.63 +0.54%
TSLA $370.78 +3.58%
SNDK $1,716.67 -4.60%
INTC $118.19 -3.43%
SPCX $159.13 +6.38%
MU $1,069.75 -3.53%
AMD $632.83 +1.27%

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

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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