It is a day to remember every year, because for users who have the confused mind whether bitcoin will reach new ath or not can get answer. Almost an year and a month passed, the present price of bitcoin is one fifth of the ath. No matter what the market movement is, 1BTC=1BTC. So, all that required is the patience and the understanding about the market to experience the same.
Yes, the equivalence of bitcoin remains to be there. And when someone is feeling down with the market, they can just go back to a thread like this or any other thread that's showing how huge the market has went already. If it's not for the cycle and pattern that has been shown, many won't be optimistic as we are because we know that the same thing will just happen and repeat.
Well, just a reminder that it's been one year that has passed and there's going to be more to go and hopefully, we go back to that former price and even higher soon as we know a few years from now, halving is about to come.
How time indeed flies, right here and now, it's still feel like it was yesterday that bitcoin reached this all time high.
And it is unfortunate for those who bought at this top, most especially for those who wanted some quick profit and never intended to hold for long, they had (and for those that haven't sold) still have the option to either sell at a loss or keep holding waiting for the next break which will put bitcoin back to this price and above.
Halving is coming for sure, but my question is, has halving become the major and only catalyst to bitcoins boom? Does it mean that we will have to wait for every 4 years to experience a new all time high and what is the guarantee that this is going to continue for as long as bitcoin continue to exist?...
Sadly, those that have bought at the top has to keep until it goes back there but those that have no chill and lost their patience, they've probably sold at loss already. About your question with halving, well, it's a sure boost to bitcoin's price because on how it cuts the reward for the miners, we're just going to look at the part of its lesser supply but higher demand. It's really the main factor of why the price of bitcoin goes up, it's been recorded if we start looking at those numbers in the past up to this time.