The herd was buying because of the halvening coming soon.
As usual, do the opposite of what the herd does.
It doesn't work all the time but it works pretty damn well over the long term.
Now I definitely agree with you here. All of the talk of ATH due to halvening made it almost inevitable that we'd see a drop. If I've learned one thing with btc, it's that it'll do what everyone least expects.
Exactly. Endless "last chance to buy under XXXX", "buy the dip", "new ATH soon" "$100k next year" since 2018,
ad nauseam. When there was a poll about new ATH, I voted 2024 (because of the next halving), but now I think I might have been too optimistic...