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ETH $2,313.67 +1.95%
BNB $623.35 +0.12%
XRP $1.38 +0.26%
SOL $84.16 +0.80%
TRX $0.3234 -0.04%
DOGE $0.1070 +8.55%
ADA $0.2488 +1.28%
BCH $452.40 +1.26%
LINK $9.27 +0.81%
HYPE $39.99 -0.05%
AAVE $95.65 -0.45%
SUI $0.9228 +0.26%
XLM $0.1617 -0.19%
ZEC $331.29 -0.34%

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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