MultiversX Tracker is Live!

Consensus about halving, the 4 year cycle and how it will affect price action frightens me

All Cryptocurrencies

by COINS NEWS 105 Views

What I've learnt in my life is if everyone expects anything to happen, it usually won't happen.

Lately I saw so many posts in this sub about the halving event next year.

There are way too many people who think that is must be a bullish sign. They draw various conclusions like "it always happend before, so this time is the same" or "ETF incoming" or "US elections same year as halving" or "shrimps and others HODLing, nobody sells!".

We all know too well that inverse this sub and inverse Cramer are very often correct.

Everyone in 2022 thought a recession was coming, December 2022 was stock market and crypto lows. Then what happend? A mini bull early 2023. Now everyone thinks 2024 will be bullish?

This "everyone" makes me very sceptical...by no means I am a bear, but if everyone comes to a consensus, it's unlikely to happen.

submitted by /u/derika22
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments