Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?
I am counting down the months now looking forward to my first bull run next year and curious.
Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
I am not an expert but AFAIK, we may get another chance to take a good entry into the market and can book more profits. But that is not 100% sure. Because it's just my speculation. You should check the graph for every Halving and then you might have some idea about what happened 11 months before halving.
SourceWell, the graph lacks the year 2021 halving but the previous halving must have given you the idea that before 11 months, the market has come to a downtrend. Now the question is, Do BTC has already reached and comes back from that downtrend that it has to perform 11 months before having or not? Well, if not, then you might get some opportunities to make some good profits by buying lower. Other than that, no one can assure you the major crashes, as who knows about this ordinal problem, banking problem, debt ceiling problem, devaluation of the US dollar, etc? And who knows what is coming next? The thing is we have to go with flow.