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SOL $66.13 +2.05%
TRX $0.3264 -0.42%
DOGE $0.0855 +1.06%
ADA $0.1631 +0.59%
BCH $216.34 -3.85%
LINK $7.91 +2.78%
HYPE $63.20 +5.46%
AAVE $62.76 -1.05%
SUI $0.7581 +0.83%
XLM $0.2025 -3.36%
ZEC $435.03 +8.20%

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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