Are you asking yourself: Is crypto over again for a few years? Here's what happened in previous Bitcoin halvings:
⦿ 11-28-2012 - Bitcoin fell from $13 to $9.50 (27% drop) ~1.5 months before.
⦿ 7-9-2016 - Bitcoin fell from $779 to $465 (40% drop) 1/2 before and 1/2 after halving.
⦿ 5-11-2020 - Bitcoin fell from $10247 to $3850 (62% drop) ~3 months before the halving. Was in a bear market for this halving, so probably less typical of a move.
⦿ 2024 (current) - Bitcoin fell from $73794 to $60760 (18% with the biggest drop so far since the high).
Target price today for a dip would be between $54,000 (27% drop) $44,000 ($40% drop) if it's like 2012 and 2016.
Bitcoin rallied a ton after these dips. Not financial advice, but I estimate ~60-75% probability this will also be a big dip and good buying opportunity. But also be careful because you might lose your shirt if it's different this time.
Historic vote today on the FIT21 bill in the House of Representatives, that will finally start to create some clear rules to regulate crypto (if it becomes law).
Americans want to know their representatives are protecting their rights to use crypto, creating clear rules to protect consumers, and won't let the lack of clarity be weaponized by a few activists in the administration trying to unlawfully kill an industry.
Democracy is working. Call or email your representatives (today is the last day):
https://t.co/UyQzfcyGhP
#StandWithCrypto
Looks like you got a final answer as to whether SEC will allow staking: No. As this is first amendment of any document to roll in post-SEC 180 and their comments to issuers yesterday.