This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing.
If you have been following up in this board, you will notice that from speculation we observe that bitcoin isn't in the bull run yet,it only regained its price within 21k range to 23k. Which when it reached 25k,it was still clear to me that the price will go below that. Therefore, the present price of bitcoin is not a significant that it will dump below 21k,it is showing its natural volatile nature. The halving will come next year either early April or late April not really sure. After the halving that is when you can now begin to have a high pump of price till ATH.
This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing.
If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.
All these are signs to show that we are going to experience bitcoin halving soon,and also a prove to show that bitcoin moves in circle. Transfer bitcoin from one wallet to another doesn't lead to price dump.