After each Bitcoin halving, a bull market will start in a period of time.
To put it bluntly, the rise before the halving is a short-term expectation. A group of people rushed in to take advantage of the wave, and when the halving is about to start and the short-term benefits are exhausted, they will start to take profits and wash the market.
But the Bitcoin halving is a long-term narrative and long-term benefit. The dealer will not choose to pull the market at the position of 70,000. Most people think that before the halving, they will buy it. When they buy it to 73,000, the dealer will smash it crazily when they see the leeks buying. I feel that the low point of this wave is 58,000. After the halving, it will fluctuate and fall for a period of time. When everyone is desperate and thinks there is no bull market, the dealer will pull the market.