比特币（BTC）持有人自2024年减半以来庆祝一年，称赞BTC的韧性

自2024年比特币减半以来，比特币（BTC）持有人在全球贸易战中称赞BTC的韧性一年，并提出加速的市场周期

Bitcoin (BTC) holders are celebrating one year since the 2024 Bitcoin halving, slashing new BTC issuance in half, and reduced block rewards from 6.25 Bitcoin (BTC) to 3.125 BTC.

自2024年比特币减半以来，比特币（BTC）持有人正在庆祝一年，将新的BTC发行削减了一半，并将Block Rewards从6.25比特币（BTC）降低到3.125 BTC。

Despite rising concerns over a global trade war and increased tariff tensions between the United States and China, BTC has climbed more than 33% since April 2024, according to Cointelegraph Markets Pro data.

根据Cointelegraph Markets Pro Data的数据，尽管人们对全球贸易战的担忧增加了，但美国与中国之间的关税紧张局势增加，但自2024年4月以来，BTC却增加了33％以上。

However, broader market trends suggest that the crypto winter may not be fully over yet.

但是，更广泛的市场趋势表明，加密冬季可能还没有结束。

“Although Bitcoin has shown resilience, the combination of past experiences, economic uncertainty, and this selling pressure has kept investors on the sidelines, waiting for a stronger green light before they commit,” said Enmanuel Cardozo, a market analyst at asset tokenization platform Brickken.

“尽管比特币表现出了韧性，过去的经验，经济不确定性以及这种销售压力的结合使投资者在场外，等待着更强的绿灯，” Enmanuel Cardozo说。

According to Cardozo, institutional investment from firms such as Strategy and Tether could speed up Bitcoin’s traditional four-year halving cycle.

根据卡多佐（Cardozo）的说法，诸如战略和系绳等公司的机构投资可以加快比特币传统的四年减半周期。

“We're seeing a faster cycle this time, likely due to the massive presence of Bitcoin ETFs and institutions in the market, scanning for the best entry point amid the mixed signals and volatility,” said Cardozo.

Cardozo说：“这次我们看到了一个更快的周期，这可能是由于市场中比特币ETF和机构的大量存在，在混合信号和波动性中扫描了最佳入口点。”

However, Bitcoin’s trajectory remains tied to broader monetary policy, the analyst added. He said a US Federal Reserve rate cut in May or June may “pump more money into the system and push Bitcoin up faster.”

但是，分析师补充说，比特币的轨迹仍然与更广泛的货币政策有关。他说，5月或6月的美国美联储降低的税率可能“将更多的钱投入系统，并将比特币提高速度。”

The halving is a built-in feature of the Bitcoin network that serves to ensure Bitcoin’s scarcity, which is often regarded as one of BTC’s primary monetary characteristics.

减半是比特币网络的内置功能，可确保比特币的稀缺性，通常被视为BTC的主要货币特征之一。

ETFs and institutions may be fueling a faster cycle

ETF和机构可能正在加油速度更快

Institutional adoption and Bitcoin exchange-traded funds (ETFs) may be contributing to a shorter market cycle, according to Vugar Usi Zade, chief operating officer at Bitget exchange.

Bitget Exchange首席运营官Vugar Usi Zade表示，机构收养和比特币交易所交易基金（ETF）可能会导致市场周期较短。

Continued institutional buying, including by Bitcoin ETFs, coupled with Bitcoin’s increasing scarcity, may accelerate Bitcoin’s rise to new highs, he told Cointelegraph.

他告诉Cointelegraph，继续购买机构购买，包括比特币ETF，再加上比特币的稀缺性越来越短，可能会加速比特币的新高点。

“With growing scarcity triggered by the halving, Bitcoin will likely retest its all-time high if it breaches the $90,000 mark in the coming weeks,” Usi Zade said. “While the halving offers a good basis for growth based on demand and scarcity, the timeline for impact on price can vary over time.”

乌西·扎德（Usi Zade）说：“随着减半的差异，比特币在接下来的几周内违反了90,000美元的成绩，比特币可能会重新测试其历史最高水平。” “虽然减半为基于需求和稀缺性增长提供了良好的基础，但影响价格的时间表可能会随着时间而变化。”

He noted that Bitcoin’s growth remains closely tied to traditional financial markets and investor sentiment.

他指出，比特币的增长与传统金融市场和投资者的情绪密切相关。

Bitcoin reached a new all-time high above $109,000 on Jan. 20, 273 days after the 2024 Bitcoin halving, signaling an accelerated market cycle.

比特币在2024年比特币减半后273天达到了新的高于109,000美元的历史高度，这表明了加速的市场周期。

In comparison, it took Bitcoin 546 days to reach an all-time high after the 2021 halving, and 518 days after the 2017 halving, according to data shared by popular crypto trader Jelle, in an April 8 X post.

相比之下，根据流行的Crypto Trader Jelle共享的数据，在2021年减半之后，比特币花了546天才达到2021年的历史最高点，而2017年减半的时间为518天。