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XLM $0.1586 +1.19%
ZEC $513.63 +5.39%
BTC $63,472.93 +0.77%
ETH $1,900.46 +1.13%
BNB $604.64 -0.04%
XRP $1.00 +0.15%
SOL $75.75 +0.52%
TRX $0.3326 +0.54%
DOGE $0.0702 +0.68%
ADA $0.1759 -0.52%
BCH $205.36 +0.95%
LINK $9.41 +0.57%
HYPE $59.42 +3.58%
AAVE $86.31 +0.38%
SUI $0.6776 +0.19%
XLM $0.1586 +1.19%
ZEC $513.63 +5.39%

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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