- There have been 3 halvings, and in all of them the BTC price was insignificant compared to what it is today. Am I the only one who thinks that it is premature to speak of a pattern when something only happened 3 times before, and in completely different price ranges? Buying 1 BTC was realistic for many people before the first 3 halvings. Now that is no longer the case.
This can be determined on when each everyone of us made the decision on joining the bitcoin network and adopted it use for an investment, some never have that kind of knowledge of making an investment with the purpose of targeting the halving because some years back, many were only having little about the bitcoin knowledge.
- Why would people invest loads of money in BTC after the halving and not before?
Because after halving there comes bullrun and the bitcoin market price rises to a new all time high till it achieved the maximum it could.