In April or May 2024, the next Bitcoin halving is expected to take place. In terms of the value, we observe price pumps close to every halving. It would be preferable if you looked into past halving history. Given that there is a greater demand for bitcoin than there is supply, I think the price of the currency could rise significantly as a result of the halving. As a result, there may be a price increase and a bull market for bitcoin.
Do you know at a point when we anticipate or assume that will be the normal time Bitcoin will have changes it's not when Bitcoin normally experience it's bulls, sometimes i conclude that Bitcoin price will not work out or increase according to our personal speculation, actually Bitcoin can rise in any point in time, but something do trigger it's increment and it's decrement in value, so theirs every tendency that our expected duration we think that Bitcoin will increase and it happened to decrease according to our narrative, so inclusion we are hundred percent sure of when Bitcoin will increase.
While whales cannot completely control the price of bitcoin they can exercise some indirect control of it, so it is natural they are not going to let the market to skyrocket when it is not on their best interest to do so, and for evidence of this just look at what the price is doing now, many retail traders were speculating that bitcoin could go up in price significantly during this month, and instead we are seeing the opposite, and there is a strong chance this is happening because the whales are manipulating the price so this growth does not happen now.
The bitcoin market is still a manipulative market rather than a market based on supply and demand. I think the halving is just one of the most relevant reasons for sharks to freely manipulate the market, and people believe that the price increase is due to the increasing demand for bitcoin.
If you pay attention, you will see that bitcoin always moves against people's thoughts. When we all believe bitcoin will continue to rise to 30k, bitcoin will do the opposite. It makes me feel like the sharks are manipulating our psyche to their advantage.