What factors contributed to the absence of price change after the Litecoin halvi

[shinratensei_]

Why didn't the Litecoin halving affect the price this time? In the past, halvings led to higher prices, but now there are no clear results. I'm puzzled about the reasons behind this. Please help me analyze.

Mark Twain said: “History never repeats itself, but it does often rhyme.” This applies to technical analysis and fundamental triggers in the charts. You can't depend on repeating patterns, even if it would be obvious, when enough people are spotting them, the outcome changes as the event is already priced in as so many people were preparing for it, there were no one left to buy, only to dump their bags in disappointment.

This is why bitcoin halving doesn't necessarily have as much effect to the price it used to. I am hoping i am wrong but i have my doubts about the high price speculations.

this most likely to be the most logical explanation towards the halving influence over the price for both bitcoin and litecoin.
as i've seen too, bitcoin halving effect also isn't as prominent as it was back in the past, nowadays people are already anticipating it, instead the rumour about halving is what drives the price to go up, in the future maybe the rumour will also not gonna affect anything, people are trying to figure out the pattern with the value increase through various events but they should know that things might not repeat itself.
therefore if i'm seeking for profit through investment i'd just bag when price is low its more sure way to get profit in the future since the rally of price is so uncertain.

[1714784434]

1714784434

[wiss19]

What's the actual reason for a coin's price to rise? It's demand, obviously, as long as there isn't much demand, the price won't see significant changes, and even if Litecoin had a block halving, there weren't a lot of investors buying it after or before the halving, which resulted in no significant price changes, and it might happen when Bitcoin halving event occurs which is the basically the time people start buying more and more assets and wait for the bull run.

Everyone knows that there won't be a bull run after the litecoin halving, so they were not buying a lot, maybe some people did buy some hoping that they will get some profit but since Bitcoin is still stagnant and the bull market is yet to come, we shouldn't expect altcoins to gain much value for now.

[o48o]

While true we cannot forget about self-fulfilling prophecies either, in which if enough people believe that some event will happen on the future then that event will come to happen due to the decisions taken by all of those people, I really think the main difference here is the demand that bitcoin has, bitcoin unlike most coins has a use case and it is the most widely used cryptocurrency, this gives it a massive advantage over any coin and despite most people now knowing about the effects of the halving a bull run may still happen.

Yeah, this is also true. Most of the time outcome of analyzing the fundamentals or real life events that would be affecting chart patterns doesn't fall far off from tossing a coin if the price is going up or down.

Only thing that keeps working so far for me is the effect of "buy the rumor and sell the news". And sometimes those news happens before any rumors and while the price moves immediately, it will move more depending how good or bad news are. In these cases fomoing in often pays off. As when the action isn't priced in, negative news make some people who are in denial buying the dip, as they will see the news as fud. Even when the price keeps on crashing to the ground. While if the news are good people see that as a missing the train and won't buy up when it's already up 70%+ Even though it would have room to grow 10k%

Halving has been an exception on this, as it has every reason of being priced in and so far it really hasn't, at least in case of bitcoin. I wonder when that changes.

[tygeade]

While true we cannot forget about self-fulfilling prophecies either, in which if enough people believe that some event will happen on the future then that event will come to happen due to the decisions taken by all of those people, I really think the main difference here is the demand that bitcoin has, bitcoin unlike most coins has a use case and it is the most widely used cryptocurrency, this gives it a massive advantage over any coin and despite most people now knowing about the effects of the halving a bull run may still happen.

Yeah, this is also true. Most of the time outcome of analyzing the fundamentals or real life events that would be affecting chart patterns doesn't fall far off from tossing a coin if the price is going up or down.

Only thing that keeps working so far for me is the effect of "buy the rumor and sell the news". And sometimes those news happens before any rumors and while the price moves immediately, it will move more depending how good or bad news are. In these cases fomoing in often pays off. As when the action isn't priced in, negative news make some people who are in denial buying the dip, as they will see the news as fud. Even when the price keeps on crashing to the ground. While if the news are good people see that as a missing the train and won't buy up when it's already up 70%+ Even though it would have room to grow 10k%

Halving has been an exception on this, as it has every reason of being priced in and so far it really hasn't, at least in case of bitcoin. I wonder when that changes.

I do not believe that to be true at all. I get that it may look like it could be true, but in reality we are going to end up seeing something changing, and that should be very big deal when we are talking about it, and that is not going to end up changing anything big. So in the end, it is going to be something that we should care about, and life is not that simple and we should be careful about what we invest into.

For example, in the litecoin situation, just because we invested before the halving, doesn't mean we flipped a coin, we invested because halving makes sense, it should go up, but nobody said it should go up right away, the last halving at bitcoin was at 2020, and peak was at 2021, as you can see it may take some time.