BTC seems to be gearing up for some action. It's hard to predict which way the market will swing, so I'm just sticking to my regular investing routine. Every time it hits a new all-time high, my investments look even better. It's well-known that there's typically a dip around the halving, followed by a gradual recovery over a few weeks or months.
this statement holds truth usually when halving happening, people are selling for the sake of following the saying "buy rumour sell the news" so its to be expected, halving honestly just like previous halving not gonna give big impact but usually it gets followed up with series of rally until there's a really big pump happening out of the blue that caught people off guard.
but there's no guarantee that things will be the same though I mean the previous bullrun wasn't as fast as this one around where we hitting all time high and surpassing it beyond the trajectory of the predicted price of bitcoin by many analyst.
things might be different, the halving might give some impact, because people are so anticipating this event the main reason why people buying bitcoin in bulk is because they know that halving is near.
but we will see whether this halving gonna be any impactful towards the price of bitcoin anything can happen, but if the price is dipping i'm already readying some money for the sake of buying the correction.