You've heard many times that the halving was associated with a new all-time high. But that’s a lie, the halving is above all a bearish event.
This is the reason why most people were trapped and are now in loss because they were told that the market will be bullish after the halving. Well, that's not true.
All the pump that was supposed to happen happened before the halving. BTC went directly from 24,901 on September 9, 2023 to 73,777 on March 11, 2024. All without a halving.
Since then, 7 out of 8 weeks have been in red. The halving took place on April 20 and did not have a positive impact on the trend.
Many refer to their historical data to claim that one year after the halving, BTC reached the new ATH. One year is a long time. The halving has very little, if anything, to do with the new ATH. On the opposite, after being hit by the halving downtrend, BTC simply resumed its uptrend after a while.
