#8843
kw
Participant

I agree, only two previously halvings is not statistically significant enough to draw any conclusions. You kind of have to go on intuition. It does seem like a “sell the news” type event. However, the other two halving were not preceded by a global pandemic either. The rally in April/May 2019 was also not expected. This time _is_ different, but it also the same…

https://digitalik.net/btc/cycle_low_multiple

Have to be careful here IMO. In my mind if the price corrects it will the the last buying opportunity before full-bull market sets in. I would much rather lose USD than BTC at this point of the cycle. Maybe there are others with that mindset.