The word halving is spreaded everywhere but the occurrence of it is not swear to the fact because as crypto is volatile and unrevealed so same is the reality of its each event. People are accepting bitcoin due to halving and because of this acceptance halving can occur because we know that as more people are buying bitcoin so increase will be cause by this.
Totally agree, halving does have the influence to increase a short term demand as we approach this day but to say "People are accepting Bitcoin due to halving" you lost me here buddy as it sounds like you saying adoption will be happening because of it.
This increase will be for minimum time according to spectators because more people will find the suitable time to sell their bitcoin
This is one of the reasons why actual halving effects take time to be seen, as everyone won't see the prices they thought BTC would jump to because of it and would sell after the halving itself.
So halving will result in a slight drop before the big move, so for this most awaited event people need to think long-term.
I am afraid this might lead to disappointment as we will only see a temporary pump as everyone has a misconception that price will skyrocket post halving or even before halving due to which there would be from demand in the market due to FOMO
True, and its the FOMO before the halving that causes the temporary raise and the disappointment in the small moves that will cause it to drop before the big boys buy off the weak hands who choose to sell post halving to profit from the small gains.
This is the usual stuff that do happens on which there would really be some temporal pumps knowing that there would really be those people who would really be that investors or traders on which having those kind of
assumptions when it comes to possible price movement specially if halving event is fast approach or lets say that only a few hours left then for sure there would really be a FOMO thing that would happen where
small pumps or those long green candles could be seen on this particular moment on which it might really be that creating that vibe that this might be a the start of the bull run season but if we do try to look up on the past on what do really happen is that there are bull run kicked in after a few months of post halving season on which it is really that safe to presume that it would really be happening after the halving event.
Lets put up into our minds that there might be that last dip before the market would really be having that its complete u-turn and this is something that you should really be looking upon and trying out to be wise
and utilize those dips for your advantage and you could really be able to maximize your profitablity once the market will really be having that pump. Somewhat it might really be that so easy to be said but
it is really actually hard to be done knowing that there's no way that we could really be able to tell on what are those possible bottoms that we could encounter. If you are that someone whose
really that going for long term then it wont really be that much of an issue for you on whatever market condition you would really be able to encounter of.