Many expectations of bitcoin this year failed, 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.
You expect so much that's why you failed , imagine expecting good in 2023 when this supposed to be a semi bear year?
The halving is coming in 2024 meaning that it will take effect in 2025 at least.
So the cycle is not correct from your understanding.
It’s not bad to expect but we should try not to put all our hopes in it, otherwise it will be hard to move on when the year 2024 does not still show any significant price increase. Although history may sometimes repeat itself, but there’s still not enough guarantees that the same thing will happen this year. However, it’s still best to prepare your investment today so that if bitcoin halving is already around, at least you can still dive with the hype.