#bitcoinhalving The $BTC halving is almost here, and both BTC and altcoins are down, but don't panic just yet. Let me explain why:
$BTC typically sees a dip before halving, like in 2016 and 2020 when it dropped 30% and 20% respectively. This time, it's only down 17%.
Similarly, TOTAL2, which tracks the market cap of the top 125 altcoins, usually dips before halving. In 2016, it dropped over 50%, and in 2020, 23%. This time, it's down 29%.
Yesterday's dip was harsh, but not entirely unexpected. While it wasn't normal, it wasn't a total surprise either. It's somewhere between a usual pre-halving dip and an unexpected event.
Compared to past events like the COVID crash, where $BTC crashed 58% and TOTAL2 68%, this dip isn't as severe if it ends here.
Some say the bull run started early, but it's likely due to ETFs, not mass adoption. Retail interest is gradually returning, as seen on social media platforms.
Dips are often opportunities to buy for those underexposed. If you're overexposed or content with your holdings, holding on is usually the best move, as seen in previous dips.
During bull runs, there are always events that make you want to panic sell, but remember, scared money doesn't make money. Stick to your strategy and stay calm.
