⭐ Merited by JayJuanGee (1)
As halving is scheduled for the year 2024, there is big expectation with the price of bitcoin reaching the peak. We don't know how good this gonna happen, but the hope and the previous history of price movement around the days of halving makes everything on the positive side. Bitcoin in recent months haven't come across big news to have negative or positive impact which is why the market is moving in a stabilized manner. Lets see what 2024 can bring.
Halving being around the corner is what has given so many people high hopes for expectations, but let us not expect a very big move on that halving year; too much expectation is what led to disappointment. In the halving year, we might just experience some positive price impact, but bitcoin might not be able to break into a new ATH that same year, although there are greater possibilities for that to happen. I expect a huge move to come from the end of the halving year to the upper year, which is 2025. That is when I expect the impact of the halving to show deeply on the bitcoin price.
When the bullrun arrives, it is a bonus and achievement for people who spread wait and continue to buy when the bear market occurs, and not only is it a bonus from doing that, it is also a price paid for loyalty in holding bitcoin for a long time. We will see 2 people when bitcoin reaches its ATH, the first those who smile, and those who regret. I'm sure you know what I mean.
