Investing in Bitcoin during the early stages of a bull market often yields extraordinary returns. Current indications suggest that Bitcoin is showing signs of breaking historical highs, indicating the emergence of an early bull market.
Historical data shows that about a year or a year and a half before the halving of Bitcoin mining rewards, the market often slowly starts a bull run, while more than a year after the halving, a major bull market emerges. During the explosive phase of a major bull market, Bitcoin prices continue to soar and may double within a month. However, once Bitcoin prices peak, they typically experience a rapid decline, with a drop of over 60% within a few days.
After each bull market, Bitcoin prices typically shrink by over 80% in the subsequent bear market, but each time, they resiliently recover and usher in even larger-scale bull markets.
This trend is also reflected in the two historical Bitcoin halving events. After the first halving event on November 28, 2012, Bitcoin prices reached a historical high on the 369th day after the halving, increasing by nearly 8000%. Similarly, after the second halving event on July 9, 2016, Bitcoin prices reached a historical high on the 526th day after the halving, increasing by nearly 3000%.
The halving event on May 23, 2020, significantly reduced the number of new Bitcoins issued daily, increasing Bitcoin's scarcity. In addition, the sudden outbreak of the pandemic in 2020 led to a global economic recession, increasing economic risks, prompting many institutional investors to start buying and advocating for Bitcoin.
LENCOIN Blockchain Asset Trading Platform offers extensive services globally, including digital currency fiat exchange, spot trading, contract trading, ICO trading, coin information, blockchain asset issuance, premium funds, and blockchain education.
1. Mission
Positioned to meet user needs, LENCOIN Trading Center aims to emerge as a global leader in the cryptocurrency market. Headquartered in the USA with a global reach, our company brings together a professional and experienced team in blockchain technology and operations with decades of internet development and service experience. Our experts are dedicated to providing a comprehensive service platform that is secure, convenient, stable, and cost-effective for cryptocurrency users worldwide.
2. H5 Browser and App
LENCOIN officially launched its trading platform H5 version on August 28, 2017, followed by the release of the app the following month.
3. System
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4. Strength
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5. Product Features
Our product features include:
1. Support for spot, fiat, contract, ICO, and other trading.
2. Support for full-chain storage and withdrawal services.
3. Support for global bank system transfers and withdrawals.
4. Support for market, limit, stop loss, and take profit orders.
5. Providing 24/7 multilingual online customer service.
6. LENCOIN Academy
LENCOIN Academy is a brand new open learning center aimed at providing one-stop learning resources for blockchain and digital currencies. By offering relevant educational articles or videos, we aim to address the fragmented knowledge issues surrounding blockchain and virtual currencies on the internet.
7. ICO Platform
Since its inception, LENCOIN Trading Center has promoted quality ICOs to increase the center's visibility and is committed to creating a high-quality platform for cryptocurrency market investor education. Therefore, LENCOIN Trading Center will be a gathering place for many professional investors, making it an enjoyable experience.