

Bitcoin halving has been implemented, and the clarion call for the next bull market has been sounded?
Jul 29, 2025 pm 02:24 PMBitcoin halving is not an inevitable signal of a bull market, but a collective illusion that takes advantage of human obsession with scarcity; 1. Although prices rose after the first three halvings, the market size was small and in a loose cycle, which was completely different from the current trillion-dollar market value and high interest rate environment; 2. The daily new Bitcoin value is about $54 million, which is minimal compared to the daily trading volume of $20 billion; 3. The real role of halving is to provide the market with an excuse for collective action and give birth to the fantasy of "this time is different"; 4. When everyone is convinced that history will repeat, it is often the most dangerous moment in the financial market; Bitcoin halving is essentially a magic mirror reflecting human weaknesses, revealing people's eternal desire for certainty and getting rich, as well as the repeated historical mistakes.
Bitcoin Half: A Well-designed Collective Illusion
The Bitcoin halving event came as scheduled again, and miners' rewards dropped from 6.25 bitcoins to 3.125. This mechanism pre-programmed into the blockchain protocol has become the most ritualistic cyclical performance in the cryptocurrency world. Market analysts can't wait to announce that "the bull market horn has been sounded", and investors are ready to welcome a new round of wealth feast. But behind this collective excitement is a fact that has been deliberately ignored: the halving mechanism is essentially a sociological experiment, and its power lies not in the rigor of mathematical models, but in human beings' eternal obsession with scarcity narratives.
Historical data does show that Bitcoin prices have risen significantly after the first three halvings (2012, 2016, 2020). But this linear extrapolation ignores a fundamental change: the size of the Bitcoin market in the early days is small, and the entry of several institutional investors can trigger a price tsunami; now the market value of Bitcoin has exceeded one trillion US dollars, and the same script is difficult to simply copy. More importantly, the first three halvings occurred in the global quantitative easing cycle, and the world is currently at a turning point in the era of high interest rate environment and tightening regulation.
The most clever psychological manipulation of the halving narrative is that it deify the single variable of change in supply into a master key that determines price. In fact, the real impact of the reduction in new currency output on the market is minimal - there are currently about 900 new Bitcoins worth about $54 million, which is like pouring a glass of water into the ocean compared to the average daily trading volume of $20 billion. The real magic is that the halving provides market participants with an excuse for collective action, allowing the supposedly rational investors to fall into the fantasy illusion of "different this time".
When all analysts repeat "history will always happen again", we should be more wary of: the most dangerous moment in the financial market is precisely when everyone is convinced that they have foreseeed the future. Bitcoin halving is not the starting gun of a bull market, but a magic mirror reflecting the weakness of human nature - there is our desire for certainty, our fantasy of getting rich, and historical lessons that we will never learn.
The above is the detailed content of Bitcoin halving has been implemented, and the clarion call for the next bull market has been sounded?. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

ArtGPT
AI image generator for creative art from text prompts.

Stock Market GPT
AI powered investment research for smarter decisions

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

In the active crypto market, the ZKC token issued by Boundless, a second-tier platform focusing on zero-knowledge proof technology, is expected to stabilize around $0.8 before and after listing. ZKC tokens launched WhalesPro's leading TGE pre-trading OTCDEX WhalesPro recently ushered in ZKC tokens, and its inflows continue to rise, with the cumulative total transaction volume exceeding US$307,000. The current ZKC quote on the platform is $0.705, a drop of nearly 12%. However, trading volume surged by more than 734% in 24 hours to $155,971. Buyer's orders are mainly large, with bidding ranges ranging from 0.8 to

Directory What is Boundless? Vision and Positioning Target Users and Value Technology Architecture Proof Network: Off-chain Generation Aggregation and Settlement: On-chain Verification PoVW Incentives: Pay for Verified Job Development and Interoperability Integration Path Performance and Security Discussion ZKC Token Economics Supply and Inflation Utility and Value Acquisition Ecosystem Partnership and Latest Progress Recent Milestones and Market Signals Developers and Infrastructure Responds Future Roadmap Verifier Capacity and Geographic Distribution Standardization and SDK Deepening Frequently Asked Questions Key Points Boundless aims to build "verifiable computing" into a cross-chain public service:

Directory What is a stablecoin? How does stablecoins work? The decentralized support of cryptocurrencies is based on traditional assets. The classification of stablecoins is supported by algorithms. The stablecoin with fiat currency collateral assets B. The stablecoin with cryptocurrency collateral assets C. Why does the algorithmic stablecoin have stablecoins? The most well-known stablecoins at a glance. Tether (USDT) BinanceUSD (BUSD) USDCoin (USDC) DAI (DAI) Stablecoins Pros and Cons. Stablecoins Controversy and Future Controversy Points: Future Trends: Conclusion: Stablecoins and their role in the cryptocurrency world. What are the common questions about stablecoins? What is the best stablecoin?

Table of Contents As traditional financial markets recover, Bitcoin volatility has risen significantly. The Fed's interest rate cut expectation has become the focus of the market. The peak of Bitcoin bull market may be "only a few weeks left". Binance has seen a large-scale buy signal. ETFs continue to absorb newly mined BTC. Bitcoin (BTC) investors are closely following market trends as crypto assets enter the Fed's key interest rate decision window. At the beginning of this week, bulls need to break through the important resistance level of $117,000 to continue their uptrend. Global attention is focused on Wednesday's Federal Reserve meeting, and it is generally predicted that it will usher in the first rate cut in 2025. A past accurate BTC price model shows that all-time highs may be born in the next few weeks. Binance Order Book reveals signs of large buying influx over the weekend. Last week, the amount of BTC purchased by institutions through ETFs reached miners

Table of Contents 1. ARAI project overview 2. Basic information of AA tokens 3. AA token price performance 4. AA token price prediction 5. Factors affecting the price of AA tokens 6. How to trade AA tokens on Gate and participate in activities? 7. Investment risks and precautions Future Outlook Today, as the crypto market is constantly looking for new hot spots, ARAI (AA) has been a project that combines AI and Web3, and its recent performance has been eye-catching. Its token AA has increased its price by more than 40.13% in the past 24 hours, with transaction volume reaching US$53.96 million. It works with Google

Table of Contents What is high frequency trading How high frequency trading How high frequency trading does high frequency trading Benefits of high frequency trading HFT execution faster High turnover rate and order trading ratio High frequency trading has huge growth potential overseas High dominance Common HFT strategies How to use algorithms in high frequency trading Disadvantages of high frequency trading How to future high frequency trading The latest developments of cryptocurrency high frequency trading (2023-2025) Cryptocurrency high frequency trading (HFT) is the evolution and application of traditional financial fields strategies in the digital asset market. Below I will fully interpret its definition and fortune for you

Catalog BagworkKINDSTREAMERBUNCOINCLIP?pump.fun once again became the focus of the market. This time, not only was its token PUMP listed on the well-known Korean exchange Upbit and its increase in the past week was nearly 60% (Odaily Planet Daily will analyze the fundamental changes of Pump.fun in another in-depth article), but also the unexpected popularity of its live broadcast function. According to GMGN statistics, in the Pump.fun Live's "Graduation" sector, there have been 39 tokens with a market value of more than one million US dollars. The following are the popular projects in the recent Pump.fun live broadcast section compiled by Odaily Planet Daily. Odaily's warm reminder: Me

Table of Contents What is the Federal Open Market Committee What does the Federal Open Market Committee do? Why is the Federal Open Market Committee important How does the Federal Open Market Committee affect cryptocurrency traders How does the FOMC affect cryptocurrency Fed interest rate changes What is the monetary policy why is the important How does the investor sentiment change FOMC policy impact scenario What happens in hawkish scenarios (more tighter policies, such as raising Fed interest rates) What happens in a dovish scenario (loose policies, such as lowering Fed interest rates) What happens in neutral situations What other key economic indicators are prepared for economic data release monitoring consensus forecast analysis historical response tracking Fed policy FOMC events