Another Wave of Selling FOMO Is About To Come.
The spell of “Selling the FOMO” before BTC halving is about to end, where influential players tried to convince you that before halving, BTC’s gonna crash to 19K, 45K, 50K, and blah blah blah, and they achieved their motive to some extent, by plunging the crypto market and BTC price from 73K to 60K, backed by the whales and institutional investors.
Now there’s a second wave is about to start where they’ll create hype in social platforms that BTC halving has now done, the bull run is about to come, BTC will pump up to 100K and so forth, and massive buying in the crypto market will happen, prices will be surged and boom! All whales and institutional investors will sell their coins at their targeted profit, again the market will plunge, and retail investors & traders will end up with their liquidations. That’s the whole game behind the scenes being successfully played every time, that’s why they sell you FOMO and FUD through social media, influencers, and so-called gurus.
Do you remember what happened after the SEC’s ETF approval back in January 2024? When everyone was expecting that BTC’s gonna boost but what happened afterward apparently? The crypto shot up by a price of BTC from $48,600 down to $41,000. The same players, and the same FOMO-selling psychology.
The price of BTC and altcoins is likely to be inclined after the halving, but not after the very next hour of the halving event. It’ll take time, maybe a month or two, but it’ll rise gradually.
Bitcoin halving events have historically been associated with price increases, but that's not a surety of immediate rise. The market's reaction can be influenced by numerous factors, including macroeconomic trends, regulatory developments, and investor sentiments.
So be cautious and move with patience, and make an informed investment decision, after taking into consideration all the factors directly proportional to the market, and with the calculated risk.
Stay Blessed
Cheers!
