Don’t really know if it’s the impact of the halving or if it’s the institutional demand (or both) but bitcoin is behaving very strangely. The dips are happening less often and the bulls are aggressively buying up any cheaper bitcoin. Bullish. Bitcoin bounces back from a dip very quickly. Last time it went to 16k and recovered to 19900 ATH. There is high pressure from the demand side I guess.
Calling the price volatility of a volatile asset "strange behavior" is nonsense to me.
What else do you expect?The price to crash back to 10K USD and return to 19K after one year?
The halving doesn't have any impact over the price,right now.I don't know about any increase of the demand
for BTC coming from the institutional investors.If some institutional investors are really buying lots of BTC,they would most likely keep that as a secret,because such news will make the Bitcoin price explode to the moon.