Quote from: CryptocurencyKing on Today at 01:37:46 PM

Quote from: ShowOff on March 03, 2024, 09:32:25 PM

-snip-

There is always a drive and it’s won’t be unusual at this time to think that, the up cooking halving has been the drive behind most of the news and events that might have pushed for the demand on Bitcoin. Surely, a lot of factors are playing a role now to influence investors on how to go about the Bitcoin investment but, it’s been a push towards benefiting from the coming halving with past history already associated with the event. I might be wrong but the fact that, the activities on the market seems to be increasingly high as the halving approaches leaves less room for doubt.

Halving is certainly very likely to influence the interest of most investors to invest in bitcoin and take advantage of the momentum - but typical investors like this are not the ones who will last long because it is very possible for them to sell bitcoin at high prices which will increase price volatility. Of course this is normal - it's because they are not long-term holders.

A correction becomes possible ahead of the halving - but I'm not worried about that as the price will recover over time. Some FUD will influence the market and make investors panic - but I don't think such FUD will last much longer as the buying impulse becomes more intense.