Why didn't the Litecoin halving affect the price this time? In the past, halvings led to higher prices, but now there are no clear results. I'm puzzled about the reasons behind this. Please help me analyze.
Mark Twain said: “History never repeats itself, but it does often rhyme.” This applies to technical analysis and fundamental triggers in the charts. You can't depend on repeating patterns, even if it would be obvious, when enough people are spotting them, the outcome changes as the event is already priced in as so many people were preparing for it, there were no one left to buy, only to dump their bags in disappointment.
This is why bitcoin halving doesn't necessarily have as much effect to the price it used to. I am hoping i am wrong but i have my doubts about the high price speculations.
this most likely to be the most logical explanation towards the halving influence over the price for both bitcoin and litecoin.
as i've seen too, bitcoin halving effect also isn't as prominent as it was back in the past, nowadays people are already anticipating it, instead the rumour about halving is what drives the price to go up, in the future maybe the rumour will also not gonna affect anything, people are trying to figure out the pattern with the value increase through various events but they should know that thigns might not repeat itself.
therefore if i'm seeking for profit through investment i'd just bag when price is low its more sure way to get profit in the future since the rally of price is so uncertain.