BTC halving is not a magical ATH date

Every BTC halving I’m surprised again with the hype of the halving date itself. Many seem to think that the halving date is some sort of magical date where prices shoot up.

The last halving, in may 2020, prices did not rocket to new ATH’s on that date. In my memory prices even went down / sideways the weeks and months after the halving. It was not until Q4 of 2020 that prices started to significantly go up.

I know we already had a new BTC ATH this year before the halving. That’s a new situation that we haven’t seen before.

I don’t have a crystal ball, but all I can say is this:

• The BTC halving itself isn’t cause for a price explosion short term.

• This time it will not be different (look at all the signs and the downward price).

• The halving has merely been a catalyst event for the next year/year and a half.

So hold your horses with short term FUD. Look at the bigger picture and just HODL and wait….