PlanB: The current problem with the bitcoin market is that it has entered a bull market too early
Crypto analyst PlanB posted on social media that I think the current problem with the bitcoin market is that it entered a bull market too early.
Normally, the Bitcoin halving (per 210,000 blocks) occurs during the accumulation phase, but the 2024 halving (block 840,000) occurs during the bull market phase. Therefore, we have been moving ahead, but the market is not ready to rise yet.