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Analysis: The "Halving followed by a fall" pattern for Bitcoin may have failed, and a stable bull run may continue.

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Odaily News In the past, Bitcoin Halving periods were accompanied by drastic price fluctuations, but this time the market has been quite calm. Data analysis website CoinGlass shows that the current volatility of Bitcoin is below 2%, at a historical low. Around the time of the third Halving in 2020, Bitcoin's volatility once exceeded 5%, but this time the situation has changed significantly. Keiichi Maeda, an executive at Japanese encryption company BACKSEAT, believes that the rule of thumb during Bitcoin Halving periods has collapsed, and a stable bull run may continue. With increased market liquidity, the influence of individual investors' short-term trading has weakened, making it difficult for the self-fulfilling speculative trades driven by the rule of thumb to sway the market. (Nikkei News Network)

BTC-1.55%
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