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BTC $76,789.27 -0.09%
ETH $2,129.84 +0.54%
BNB $642.00 -0.36%
XRP $1.38 -0.84%
SOL $84.99 +0.06%
TRX $0.3562 +0.06%
DOGE $0.1041 -2.25%
ADA $0.2514 +0.01%
BCH $381.23 -1.25%
LINK $9.68 +1.45%
HYPE $47.46 +4.06%
AAVE $88.88 +0.12%
SUI $1.05 +0.52%
XLM $0.1467 -2.14%
ZEC $563.22 +5.88%

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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