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We don't know how fundamentally the price will increase after the halving, will this cycle always be what we expect?
History will likely repeat itself, but it may not.
You can make your own analysis whether the bitcoin price cycle is still possible to match the previous ATH cycle, if you find the same thing, then be prepared to be bullish.
Personally I believe in this cycle, so I'm still very optimistic about history repeating itself for the 2024 halving. Even if it doesn't, I think investors will also be making worth returns as prices are looking very bullish ahead of the halving and after.
Maybe the previous history was too sweet what we saw but the journey ahead is still difficult to predict but I also don't deny that the increase in bitcoin prices could be higher when the bullrun really comes but I'm still not sure if 7-8 years bitcoin will be $ 1M it's still too much for us to see.
Maybe we can see how the bitcoin price will be in 2030, but this is still a long way to go and it's not certain that we can survive by crossing the price limit of $ 100K - 200K, maybe at that time we will have released the bitcoin that we have, but if you can survive then you will see fantastic value in your portfolio.
I don't know how I feel when I see high prices.
We all also realize that $1 million for the price of bitcoin is very high. But whatever it is, bitcoin can surprise due to its high hype. There are many factors that can convince us to get a higher bitcoin price than the previous ATH, but of course we have to fight time, and be patient.