💸 The halving will occur tonight / during the day (America). What's next?

For those who may miraculously not know what a halving is, let me explain briefly: it is a process where the reward for miners for mining a block is reduced by half. This time, the reward will decrease to 3.125 $BTC.

Why are crypto enthusiasts waiting for this event? Because mining Bitcoin becomes more difficult, and therefore, there are fewer new Bitcoins. As known, a battle for any limited resource will eventually ensue, and there are just over 19 million Bitcoins.

Interestingly, the halving occurs every four years and has always coincided with the U.S. presidential election years. Each time, within a year after the halving, we have witnessed a bull run and a price pump:

• 2012 Halving – from 13 to ~1000 dollars in 2013 (76x)
• 2016 Halving – from 640 to 17k dollars in 2017 (26x)
• 2020 Halving – from 8k to 69k in 2021 (8x)

However, immediately after the halving, nothing significant happens: the price continues to hold steady, and sometimes even drops. Therefore, in the short term, expecting any significant price pumps might not be prudent, at least based on historical data.

In the medium term, it's reasonable to expect Bitcoin to reach 100k+, as historically the price increase has always occurred and has been driven by information events and various global happenings.

In this cycle, the most significant growth driver has been the Bitcoin ETF. Because of it, we even broke historical highs before the halving.

However, this cycle might be different, as the market is growing wider, with more projects reaching billion-dollar valuations, and money from Bitcoin ETFs will not flow into altcoins as usual. At least because of these two factors, it would be wise to properly formulate or adjust your plan for altcoins.

As I said earlier, I expect 2024 to be extremely positive, especially in the fall when there will be euphoria around altcoins. That's it.

👆 There are 8 days left until May, and the markets are already looking bullish. I've stepped away from trading because I believe that watching the screens until May arrives will only cause stress, as there isn’t expected to be much movement in the market.

📈 ONDO Market Cycles.

There's a new rally ahead! Let's push it to $2!

🔼 FET gave us two large monthly green candles, and now the third monthly candle is red! What does this mean?

Analyzing it on every timeframe 👇

You see an OG DePIN crypto project with over 2200 days of accumulation.

What would you do?

GLM 🚀

💸 Soon, BTC... This won't take long.

⭐️ FET has just beautifully retested its longest accumulation period, and yet people are becoming bearish. I'm expecting a 5x increase from here. Let's push it above $10!

🔈 I explain why Uniswap is the most popular DEX and how it works in this article [5 min read] 🔗

📉 AGIX has perfectly retested the weekly accumulation zone. The real movement is yet to start!

$4-5 soon.

🔎 PEPE is looking strong here!

The cleanest chart 💎

🔓 CZ and the Potential Prison Sentence

CZ settled the case and traveled to the U.S., bringing $4 billion, which was clearly agreed upon at that time.

Now, something is obviously going wrong. He's under house arrest, and denied the opportunity to see his family (and CZ is a father of many children). A real prison sentence now looms, despite the already concluded $4 billion deal.

This is very reminiscent of the political arrest of the Huawei founder's daughter (who was also Canadian).

It's sad that if CZ is imprisoned, the issue with arrests and criminal cases won't just fade away, but will start anew.

Why is CZ detained, while hundreds of other crypto dealers are free, and many are even in the U.S.? And the Chinese will seek revenge, finding and pouring dirt on everyone.

A good scenario would be a short term of house arrest and full release. Otherwise, there will only be more uncertainty in our already fragile market.

A bad scenario is a real sentence for one of China's top businessmen (he is a figure like Pavel Durov).

Imagine the scale of compromising materials that CZ and his friends hold. Correspondences, including with American funds, founders. All this will inevitably appear, either in parts or all at once.

The SEC and other agencies will not be able to ignore these leaks and will have to react, which overall will undermine confidence in the crypto industry.

Even if CZ says, "Let me be the only victim," it won't stop anything; many others will simply want revenge.

No matter how you look at it, bad scenarios abound, and the LUNA-FTX-SAM-CZ saga continues.

CZ could very unfortunately fall victim to the political machinery of the U.S., and the whole crypto industry along with him.

I am still optimistic though :)

If CZ is imprisoned, your deposit will pay the price, nothing personal, it's just crypto 😂