I have experienced two halvings and both of them became catalyst for a Bitcoin bull run. From what I remember, it takes some months for the Bitcoin market to become fully bullish. There are lots of hype roaming around the crypto sphere and it feels like any crypto investment will give profit. It was also the time when lots of scam investment schemes lurked in the market and I think the same thing will also happen in this after halving events.
In my experience after the price halves to scare investors (will be a bear trap) then after 2/3 months the market starts going up (halving bull run), which lasts 9 months or 10 months.
I still believe that some traders will sell btc, and that process will happen in the short term, but then when the growth is strong they will come back and increase activity.
Traders will sell their holdings for profit so we can imagine people who bought when Bitcoin is around $17k or amount lower than the current price parting with their Bitcoin for profit, it is not surprising to see that, IMHO>
To me, events like halving offer more opportunities because we have seen bitcoin's growth before, and the belief that bitcoin will continuously create new trends in the near future will help it achieve the goals we speculate about. But it is still very realistic that nothing is too certain, but let's always be optimistic because we have also gone through harsh times in this market.
Can you share with us the other opportunities Bitcoin halving gives aside from the one I know as the catalyst for Bitcoin's bull run?