Michael Saylor is in the news again with a new purchase of about 3,000 Bitcoins. Although he may have said something stupid that "Bitcoin doesn't need censorship-resistance", after two bull cycles he might be written in financial history books as one of the greatest prospectors like John D. Rockefeller when he invested heavily in the oil industry.
Follow what that man is doing from an investment viewpoint, Buy the DIP and HODL. We would be lucky to get bigger DIPs. Mean reversion is already happening, and around the current price might be where Bitcoin will be during the halving. Where will it be after the halving?
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Bitcoin halving event are usually followed by a positive price increase as the result of the fact that halving lowers supply with fewer Bitcoin in circulation
I'll nitpick that part of your post because it's a common misunderstanding and it truly needs to be corrected every time it is mentioned or posted.
- The halving DOESN'T lower supply, it halves the block rewards the miners receive for finding a block. That lowers the quantity of Bitcoins sold and if demand stays the same, the price goes up after each halving cycle.
and increase demand and historically it has been so , there is a believe that Bitcoin will reach a new ATH six months after the halving. Although most time historical data can only become a quide and all crystal balls can become cloudy meaning that what happened in the past may or may not happen in the future.
In the context of Bitcoin, we probably have two more cycles of UP, no?