Everyone's excited for the halving event happening around July. Everyone's saving hoping that the price will skyrocket after it.
But what if prices crash down instead? what would you do?
Actually I have never thought about that..I am in the hope that the price will definitely increase after the halving..You should have noticed the recent pump..It shows that the halving rally might have already started..I dont think it will crash at this stage.I also think that it is only you who is thinking about the crash.
you are thinking is from the investor point of view but you cannot see the traders point of view, when they have bought in low then obviously they will try to cash out profit so that time we can see some selling pressure.
My view is after halving their will be correction but not crash in price of bitcoin as everyone is waiting to sell their coin on high price after halving when everyone will come out to sell then who are going to buy that selling rate, this no one notices it, This is what OP is trying to tell.
I have set point of selling my bitcoins from $800+ price slowly slowly so if their is crash i can buy back in low and would have taken profit.
It is possible that the price of the bitcoin will drop allot after the bitcoin halving but i dont think he will drop allot because the amount of users also grow allot and when that is growing the price will also stay stable so i dont think the halving will cause allot to the price of the bitcoin but we dont know for sure off course so we will see what it will bring.