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?
If we look at the beginning of the year the price of Bitcoin started to rise due to the ETF issue. After the ETF was approved, Bitcoin prices fell below $40k. After the Bitcoin price correction, Bitcoin started pumping again, stabilizing between $50k-$52k for a few days. But suddenly Bitcoin is up 10.86% in the last 24 hours. I never thought that before the Bitcoin halving we would see such a big Pump Bitcoin. Actually it is very difficult to predict now whether it will be a big correction before the Bitcoin halving. When the price of Bitcoin goes up, it takes a big or small correction, that's how Bitcoin has always been. But I know why it seems like there won't be a major correction before the Bitcoin halving.