There was excitement in the shorts, and I felt it. But let's dispel a common misconception: long people, especially Newbie and some greedy traders, believe that the price of BTC will double and alts will soar immediately after the event. While BTC Halving usually triggers bullish trends and often leads to massive alt seasons, it's important to understand that this won't happen overnight. Take, for example, the last Halving in May 2020. Over time, the price of BTC has seen a significant rise rather than an instantaneous spike. Spot holders are calm, future traders are cautious.
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Just 10 hours away from the #BTC Halving event!
There was excitement in the shorts, and I felt it. But let's dispel a common misconception: long people, especially Newbie and some greedy traders, believe that the price of BTC will double and alts will soar immediately after the event.
While BTC Halving usually triggers bullish trends and often leads to massive alt seasons, it's important to understand that this won't happen overnight. Take, for example, the last Halving in May 2020. Over time, the price of BTC has seen a significant rise rather than an instantaneous spike.
Spot holders are calm, future traders are cautious.