#BitcoinHalving is finally executed on the chain.

So everyone's question now is, is it time to jump in or wait a little longer? Take note, pumping or dumping won't happen overnight after halving. It could take days or weeks.

Here's my opinion: jumping in too early can make or break you.

👉 There's still tension between Iran and Israel despite the media silence about Israel contemplating on retaliating against Iran. One spark of war can again affect Bitcoin no matter what others say war has no effect.

👉 Whales still hope the price of $BTC to come down so they can accumulate more with their capital. So they don't want to enter at the current price due to the risk that once they pump it, the selling pressure could heighten and the price could go against their intention, which will have negative impact on their investments.

👉 The most influential of them whales are the big players in Bitcoin mining. Maintaining mining rigs is very costly, and due to the halving which literally gives them 50% less profit, in order to not affect their opex, they need BTC to double in price. But for that to happen, they need the whales to pump the price, which is not happening as of now.

If the opex for the miners become to unbearable, they will be forced to liquidate some of their BTC holdings which can drag the price down. And then what if suddenly the war sparks out of nowhere? Then the result for Bitcoin will be a chaos. The domino effect will be tremendous that even the whales would eventually dump their stash and wait for the bottom to replenish.

This crypto nightmare is going to be bloody hell.

The only way for Bitcoin to reach its peak and a new ATH is if Israel and Iran will sign a peace agreement, then the whales pump the prices from its current level and no other big parties will counter them through liquidation, in order to help miners appease their expenses, and give them chance probably to move their operations somewhere electricity is much cheaper. This will then give us small investors confidence to ride with Bitcoin all the way to its new heights.