Historically, Bitcoin tends to enter a slow phase after halving, which can deter new and inexperienced traders who perceive it as dull or even a scam. They often exit the market during this period.
However, this calm is often followed by significant market movements orchestrated by whales, leading to a spike in prices. Traders who jump in during this phase may end up buying at higher prices, falling into a trap set by market makers who then sell off their holdings.
Patience and consistency are key to navigating these market dynamics successfully.
Good luck, and remember that providing this knowledge takes effort, so any tips are appreciated.
#bitcoinhalving #Megadrop #MarketUpdate
