this is what happened guys, in my assumption. Whales is waiting for everything to be quiet, bitcoin holders are getting tired. and most will sell their BTC. I saw this when I was 2014 last. which BTC has the lowest price of around $ 200. and at that time trading was not like today. that's when whales made a surprise by pumping, then continued until 2017. I believe bitcoin still has a new ATH and it will come soon.
Yeah the bitcoin's price was pumped hugely before by whales mostly. It was in 2014 and also in 2017 when the price increased a lot and reached the 19k$ level in a few months. I believe that pump cycles off bitcoins price will continue and we will see a high increase of bitcoin in the next few years! I hope that's gonna be in 2020 because bitcoin's holder are getting tired and they need to make a decent profit, because they're waiting for 2 years and nothing important happened till now.
It is precisely those feelings that the whales are using against you, they are trying to slow down the coming of the next bull market, why? Because if they do that people will get desperate and they will sell their coins to them, if you take a look at some of the biggest holders you will realize they are getting smaller in fact they are getting bigger, it is for this reason I do not think the halving will bring an immediate bull run because the whales want people to get desperate about the situation.