So if the price decrease, people should not panic if they are not in need of the money for now, the price will far more surpass $73600 which is the present all-time-high.
They will definitely get panic if they borrow money to buy bitcoin, use leverages, trade futures. Even they have strong mentality and are not panic, they will still get forced liquidations from exchanges.
Being strong is not enough, having proper capital management is more important.
Usually the bitcoin halving cycle happening after halving time not before halving, but this time bitcoin success make several time new all time high price but always has moment get more correction. I can't sure is the last correction before halving time left several days later.
I guess you wanted to say about a Bitcoin bull run only starts afters its halving in the last three halvings and past three bull markets. I don't understand about halving cycle.
![Smiley :)](https://www.altcoinstalks.com/Smileys/default/smiley.gif)
In past cycles (each cycle includes a Bitcoin halving, bull market and bear market), Bitcoin often has market wash out to clean the market before a bull run after halving.
I believe that this figure is not only helpful for newbies but also the majority of us who didn't know this information yet. There are lot of investors who has been crypto for years but still didn't understand the market cycle of Bitcoin.
Hope it will help someone but people are easily to forget what they see, read, hear and repeat their mistakes again.