Cryptocurrency markets have been very active lately. The largest cryptocurrency bitcoin (BTC) holds on to the $30,000 band. Ethereum (ETH) continues to accumulate in the $1,900 band. Investors are generally they are satisfied. The overall trend in altcoins is also on the upside.

As such, there is a general bull expectation formed. For those who don’t know, let me explain; We’re talking about the process where those crazy climbs happened in the past and those who played the right horse got rich overnight. Here is Binance CEO Changpeng Zhao -aka CZ- making statements about the bull season in the cryptocurrency markets. CZ when the bull season starts own guess explained.

“The year after the Bitcoin halving is usually bull season”

Changpeng Zhao spoke about bull season in the cryptocurrency markets during the Q&A event he held last day: The year after the Bitcoin halving is usually a bull year.

Let’s explain CZ’s statement one by one for our readers who are unfamiliar with the subject. Bitcoin, any once every four years gets involved in a process called halving. The halving process, also known as “halving”, is actually about miners. With halving, the reward of a miner per block is halved. The last halving for Bitcoin took place in 2020 and has continued for many crypto assets since then. ATH (highest in history). The next halving is in 2024. Recalling the past, Binance’s CEO believes that there will be a bull season in 2025 and smart investors will get really rich. Of course these are the CEOs personal opinion…

This content cannot be considered investment advice.