The fourth halving of Bitcoin will begin in April 2024 and the Bitcoin market usually falls before the halving. Since Bitcoin is guaranteed to be pumped to the max after the halving, the Bitcoin market may not be bullish before April. There is no reason to despair if the Bitcoin market goes down but wait and be prepared for the Bitcoin ATH.
I have the opposite view on the market compared to you, I believe we will soon see the market recover and grow again next February. Because the halving is believed to be a strong catalyst for bitcoin's price increase, it was chosen as the reason and will help market makers create new stories to seek to attract newbies, and new money flows into the market. Like how they created the ETFs story to push bitcoin to $48k and then profit.
Furthermore, halving is the point at which miners will have to sell their bitcoins to cover their mining. Therefore, bitcoin needs to increase in price before the halving takes place to attract new investors as well as become new liquidity for the market.
That is what I think as well, I think it will keep on growing higher. But not like I am not ready for anything else neither, like if it drops, I would be still fine because I know and believe that it will keep on going higher and it will do fine. I think that's the most important part, we should be considering the situation to be a lot better and a lot more clear, we need to end up with a lot better result here and there.
We need to consider the best thing to do in this regard would be just making sure that we are going to end up with a much worse situation if we are not careful. So all in all, I think the best thing to do would be making sure that we are going to end up with a greater return if we know what we are doing.
If you are someone whose really have those kind of mindset or plans on holding your coins for long term then its true that you wont really be finding yourself to be that
having any issues with these kind of events that happen around on which you wouldnt really just that care and would really be that proceed on what are the actions that you are taking on.
Speaking about Bitcoins price wont be able to reach out an ATH before halving event then this had been the typical things that we've seen on previous cycles.
It couldnt might or doesnt look like that it would be shooting up but rather it would really be doing into that gradual manner.
It is really just that people are really that too impatient for this. This is why regrets would really be there and this is something that should really be realized
along the way.
Not to panic is really just that a simple word that you could really be able to mention on but on the time that you are on such condition nor situation, then it would really be that
hard to control ones self not unless if you do have that certain experience then it could be possibly not be too hard.
Not unless if you are aiming to be hodling for a long time or if you simply love hodling bitcoin like it is part of your retirement plan.
The easiest person I could determine who's most likely going to panic during huge corrections are those who are chasing to make good profit in a short period of time.
Traders do enjoy huge price swings as they can make profit whichever way bitcoin goes.
Nevertheless, real bitcoin enthusiast does not really panic, instead they fill their bag even more.