An insider with his ear on the tracks, whispered to me this:
The next much anticipated halving event will be a dud. There will not be a parabolic push up in price. It will steadily move sideways in the 5,000 range with low volatilty. Baffling everyone and flattening peoples interest in bitcoin. Meanwhile people will start buying and trading alts again and stablecoins will see a significant rise in popularity especially with big corporations.
So much for making big gains from the next Bitcoin halving event. You are all shit out of luck?
As more and more people will have bitcoins the volatility will decrease and prices will be stable but this could not happen within 2 - 3 years. Bitcoin is still in its early years where only a few people have bitcoins with them and therefore this halving will produce the similar results as happened in 2017.
Yes there are chances that it might lead to one more Bull run which is expected by most of the users but still there are doubts because unlike 2017 the market is highly manipulative now as it got more players and group of traders who are hell bent in manipulating the market. We might see an unusual year ahead.