, Binance CEO Richard Teng said at X that the market is cyclical and it is not uncommon to experience ups and downs. It is very important to take a long-term view when making investment decisions. As a reminder, it has only been 3 months since the recent bitcoin halving. Not financial advice, DYOR. Bitcoin rose 6 to 12 months after the previous halving, including 7043% after the halving in 2012, 289% after the halving in 2016, and 559% after the halving in 2020.