I have had 2 bulls. Friends, the event we call halving is the selling phase of the rewards distributed to miners. Since the reward in each cycle is half of the previous one, miners' sales for the income/expense balance accelerate considerably. I've been in cash since the old peak of $65,000. According to my own strategy, I think the selling pressure will take us first to $52-53k and then to $42,500. I'm not buying yet. Volatility is very high. I wish everyone a good weekend.
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