I have read often times that price of BTC usually dump before the halving and pick up after halving but it's looking as if there is going to be an exception to this rule this year now that Bitcoin ETF has already been approved and lots of instructional buying going on.
With BTC constantly going up and as we approach March I'm just few days? Do you think we are going to see any major corrections before the halving?
Institutional buying is the right word you are looking for and yes is the answer to your question that there
might be a major correction before halving since trader is just riding the wave due to the strong buy signal of Bitcoin Halving. Everyone that buying now knew that the price is already near the previous ATH which means that is their common goal as price ceiling for the current run.
Also major correction is important to have a continuation of bull run or else the price will just be in bubble if there’s no correction happened after this solid bull run. The question here is for how long does correction will last while there’s already Bitcoin ETF which traditional investors can invest too on Bitcoin.