Quote me if I am wrong, during the several Bitcoin halving bitcoin crash in price after the halving process so this gave the ideology that every bitcoin halving it is best to sell after the halving you buy and wait for the bullish. It may go in this terms or not. But what amazes me is how people think that because of things that happened in the past, there is a guarantee this time around things we go the same way. However, i just wish they were happy at the end.
the truth is that most persons always wants to play smart and put themselves in a better profit region and I totally understand what's the bases that backs them up since like you've rightly said, past event and basic economic principles have proved that after the halving bitcoin always crashes which can support and encourage them to sell during the hallvng for the purpose of buying back when Bitcoin crashes but then, may crash after you've sold your Bitcoin or it may not. It may still keep being bullish past the amount you sold your Bitcoin and then crash with time without crashing to the amount you've sold it and then it gets bullish again. The truth is that times have changed and the event playing out at this moment mostly suggests that Bitcoin might continue climbing up longer and longer and if their might be moment of crashes like what has been going on within these few months, it will be some kind of small crash and major bull and then small crash and maybe a bull bull! Bull.
Selling to buy back at this stage will be one of the most complicated and uncertain period to buying your Bitcoin with a buy back strategy because it's obviously climbing to $100k and above within the year and most of the amount you might want to sell with the intention of buying back when it goes bellow such price might end up fucking you up big time.
Good, you understand my point. It is very uncertain that the same pattern of bitcoin price movement after halving will repeat this time. I noticed that many people are being careful because if nothing else will bring up a change in the pattern the ETF and other factors that I have already mentioned earlier will surely do. The best and most secure strategy now is to not sell at all.
Let all investors here take a look at the all-time chart see the previous dips during the previous bitcoin halving, and observe if it is worth taking the risk this time to follow the price swing. At last, we are to make our own decisions but IMHO because of the mass adoption the price movement will be different this time. I would have a second thought about selling off because it will be dramatic when I start regretting that the price starts increasing significantly after the halving occurs and I can't buy back in.
However, with that being said, there will always be people who are willing to sell and people waiting to buy and accumulate more bitcoin.
70k pre-halving 2024
85k - 100k after 2024 halving
Maybe a new cycle bear around 45k low and 250kk at the top in 10 10-year journey.
Dont forget when I said this when it happens, although Jayjuangee made some readjustment