Yes it does but the most important thing in this trend is that it always falls to higher levels than it did before the last halving. That's what makes it a good long term investment.


I don't urge people to buy because I don't want to take upon myself their losses due to panic selling and inability to protect their coins.

I think that if you are a newcomer who wants to own crypto you should first and foremost own bitcoin. If you're undecided, don't rush it. Maybe you'd feel better if you bought some gold instead.