Binance CEO: It’s only been three months since Bitcoin halving, and it’s important to look at the long term

BlockBeats news, on July 19, Binance CEO Richard Teng said in X, "The market is cyclical, and it is not uncommon to experience ups and downs. When making investment decisions, it is very important to look at the long term. Here is a reminder that it has only been 3 months since the most recent Bitcoin halving. This is not financial advice, DYOR."

At the end of the article, a picture of the increase in Bitcoin 6 to 12 months after each halving was attached, including a 7043% increase in the year after the 2012 halving, a 289% increase in the year after the 2016 halving, and a 559% increase in the year after the 2020 halving.