Many expectations of bitcoin this year failed,
In what aspect are people expectations failing them this year? We are still in 2023, not really in 2024, for people to have high expectations for the halving and bull run season.
For many, their only goal this year is to accumulate bitcoin or to apply a DCA strategy until the bull run begins. Most crypto investors are operating in this manner.
but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.
The halving season, which is scheduled every four years, not every five years as you claimed, is when bitcoin reaches a new ATH after the halving.
After the last halving in 2020, bitcoin reached a new ATH of $69k in 2021. The upcoming halving will take place in 2024. By 2025, the price of bitcoin will likely changed again to a higher ATH. that might be a $100k bitcoin as speculated by many.