PlanB: The current issue in the Bitcoin market is that it entered a bull market too early

ChainCatcher news, crypto analyst PlanB posted on the X platform stating that I believe the current issue in the Bitcoin market is: entering the bull market too early.

Typically, Bitcoin halving (every 210,000 blocks) occurs during the accumulation phase, but the halving in 2024 (the 840,000th block) is happening during the bull market phase. Therefore, we have been acting prematurely, but the market is not ready to rise yet.