Why does the halving seem to have no effect?

It is true that the big drop that everyone expected was not generated (at least at #btc ), but it is true that the market seems to have some stability.

The truth is that we are not going to the moon, but I also do not think that we are entering some type of bulltrap.

Imagine that I am a person with bad habits and overweight, I start with good habits and some type of diet, exercises, etc., there will not be a big change within a week, and likewise with the halving, it is an important event but that the only thing that affects it immediately is the cost of transactions.

They must have a scenario in which they point to months from the day before yesterday.

Think that you are millionaires, and inflation went from 1.7% in btc to .87%.

And instead of producing 900 btc daily, today only $450 is produced.

The point of this is normal and institutional demand.

Imagine that some good days 8,000btc are purchased by institutional demand and a few thousand others by retailers, millionaires, sheikhs, or companies. Already 20 times more are being purchased than are mined, and this effect is like adding steroids to your diet.

When will bitcoin burst higher?

In less than 5 months! The average is 7 months after the halving, bitcoin crashes upwards and consequently the alts.

We are in an accumulation zone, we just need to see how the whales do not stop buying and trading more than in the entire history of bitcoin, and that is an incredible sign that the downward volatility will not be like in previous cycles ( clearly ruling out some world war or catastrophic event).

We are experiencing one of the most bullish moments in the history of btc, you just need to see the rest of the equities as they are in the middle of a correction or free fall, while here btc did not even lose at the 60k level (considerably).

I think that we will be in the alt season starting in November, we will begin to see the maximum levels of this market, to have a good rally🎅🏻