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- 2 Key Points This Month
2 Key Points This Month
Good Morning,
I'm excited to inform you that I've created a new X/twitter account.
Your follow would be highly appreciated.👇
For today, I've identified 2 pivotal points to keep an eye on this month.
But first, let’s help you save time on research.
Stay Up-to-Date
Save time on research
💰Bitcoin
Why smart people don’t recognize the value of Bitcoin (link)
_Bitcoin proves we don’t need central planning and guvernment for money. (link)
_Bitcoin Whitepaper made simple. (link)
_Spectacular Bitcoin Price Prediction for 2024-2025 by PlanB (video)
_
Argentina’s President Milei Makes His ‘First Mistake’ On Bitcoin (link)
🚀 Altcoins & 📈 Trading
Several airdrops coming, totaling a whopping $3.3 billion, April will be life-changing for many. (link)
_Remember that we need to be looking through a bull market lens.(link)
_
Which 3 cryptocurrencies do experts say will surge the most in 2024 (link)
_
Solana Telegram Trading Bot to Shut Down After Users Drained of $523K (link)
_
Thesis on the market right now. (link)
_
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Educational
2 Things to Watch This Month
1/ Potential dip
Bitcoin has fallen to $66k.
If you purchased it at $70k and are relatively new to this market, you may be feeling anxious.
That's a common reaction.
However, to provide some insight, this is the first time in history that Bitcoin has delivered 7 successive months of growth.
7 consecutive green months
In order for this growth to be sustainable, it would be healthy to see a period of downtrend over the next few weeks.
BTC and ETH usually see positive monthly returns in April.
BTC’s average monthly return: +14.03%.
ETH’s average monthly return: +23.97%.
BTC’s April average ROI
Nonetheless, even though Bitcoin's average return was positive in April, we may see a downturn this April.
There's no need for concern.
As I said, It'd be healthy if such a development occurs.
In previous bull markets, Bitcoin has seen dips of 30-37%.
Therefore, should this occur again, we could expect the price to fluctuate between $50k and $54k.
Moreover, history suggests another potential opportunity for a dip, as Bitcoin has historically experienced a downturn before halving.
Downturns before halving.
Therefore, if this occurs, it could offer an opportunity for you to buy the dip before halving.
Remember, I am not a fortune teller and can't predict the future.
I wrote you this letter, to get you ready for a possible drop in the market.
If it happens:
Stay calm.
Historically it’s an opportunity
2/ Halving
In approximately 17 days, the halving event will occur.
The halving event is the most important event in crypto, taking place every four years.
Currently, 6,25 BTC are mined every 10 minute.
Post-halving, this rate will drop to 3,125 BTC.
This means that inflation is halved, and if the demand remains constant, the price should at least double.
Below, you'll find an image depicting past and future halvings, along with the corresponding Bitcoin rewards.
Halving schedule
We are in the Gold rush era of Bitcoin and after the next 10 years, 99% of all Bitcoin will have been mined.
Another 1% of Bitcoin will be mined in the next 100 years.
This is very important thing to know.
Now, go and make your own research,
Mr GoBrr
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.