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.
People forgot about the same things over and over do they not? It was all the halving talk in 2016, miner capitulation,,, and yes even some small talk about institutional money pouring in.
Then they forgot and now the same topics are back.
Not surprising if you pay attention.