The expected pump after the halving should be by the end of this year. I think if we're still going to correlate that, there's more to happen by the end of this year.
But it could be that the halving effect started also end of last year but that's quite early and then the correction that we've seen early this year, that could also be the bear that's expected to come every after ATH. Although, it just too quick.
Nah, I don't think that the end of halving has started last year. Even if we compare it to the bull run in 2017 and it's subsequent bear market, it's not that same. There are players, institutional money and whales are still in the market. We are not sure about the last ATH, it seems that it could be broken again this year, or at least 6 digits is still to come for us. And maybe after that, we might see the end, but who knows, the market psychology is also evolving.
Everyone is saying that the increase was after the halving and every halving results with a big increase in price. However, the reality is that I believe we are in a situation where bitcoin was not high because of the halving alone but also pandemic and the big news about many companies going in at the same time. I mean last time when halving happened it took nearly 18 months for bitcoin to go up, after the halving it took us just a few months to go to double and less than a year to go to 6x price point.
So, that is a proof that it is not always about that, sure it just happened to be right after the halving but last time it wasn't like that at all. Which is why I believe that we should not consider this increase as a result of halving and expect the same thing to happen next halving as well, we may end up a bit disappointed if it doesn't work out.
