The biggest thing is that the moment before the Bitcoin halving set a record high. Because the price of Bitcoin has gradually risen to the highest level since the Bitcoin ETF support. So now if the halving takes place there is a high probability that the price of Bitcoin will go down. Because when the price of Bitcoin falls, all the investors will start to re-invest their Bitcoins, and this situation must be created because there is a bull market next. This bull run has a high probability of reaching the highest Bitcoin price, which all investors have been waiting for.
Indirectly, you are right that the influence of ETFs influences the movement of Bitcoin and, at the same time, the halving period is also approaching. As everyone estimates, after the halving period, it is estimated that there will initially be a correction and, of course, this is an opportunity for investors to continue Adding to their savings.
But some analysts also say that this period will be a 2x ATH and the second one will not happen next year But is that true?
Of course, we need to pay attention so that we don't expect it to increase very much, but don't achieve it and the opportunity is lost because you waited at the wrong time.