I know that the large majority of people here are of the belief that there will be a BTC pump leading up to and/or after the halving in 2024. Price predictions range from $40k all the way to over $100k.
In fact, it seems as though the majority in this sub are basing their entire short-term thesis on the belief that this large increase in price is coming relatively soon.
And what is overwhelmingly the main reason that people say this price increase has to occur? That it has happened before. During times which are completely different than the current times, the price increased.
Now weβve all heard the saying about past performance not guaranteeing future results. And hopefully we all know that there are no guarantees when it comes to the market.
So my question is: what if there is no BTC pump for all of 2024, and the price continues sideways or downward? Will you keep holding for the next halving, hoping for the results that were not delivered?
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