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.
The price of the bitcoin wont change anything after the halving and that is because there are so many people using the coin it will only affect thre people who are mining for the coin as you know there is a limit of coins and when the half of them is reached searching for them is much difficult