Binance CEO Richard Teng mentioned on X that the market is cyclical, and experiencing ups and downs is not uncommon. He emphasized the importance of thinking long-term when making investment decisions. He reminded that it’s only three months until the next Bitcoin halving. This is not financial advice, DYOR (Do Your Own Research).
He also shared an image showing Bitcoin’s price increases 6 to 12 months after each previous halving: 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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