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Cryptocurrency discussions / Re: This bull market will likely be the last one, don't you fail!
« on: Today at 03:34:00 AM »A lot of investors are actually in panic right now, investors who do not really understand the bitcoin market dynamics.What is currently happening is the ETF effect, It is still too early for the halving effect to occur because it will take months to reach its maximum. In fact, it is not impossible that there will actually be a correction first. In fact it will be good, which can make many investors compete to buy and this will be a boost for bitcoin to be able to improve. So stay patient, everything definitely needs to be processed and not instant.Once the majority of the bitcoins in circulation enters the hands of the Asset managers, bitcoin and the entire crypto market will become just as normal as the forex market, stock market, gold market and the rest, and, yeah, this will happen sooner than any of us think, and this coming bull run may be the very last for anyone wanting to make significant gains from crypto to do so.What if Bitcoin halving doesn't really bring something to the table but is the reason why we have other run? Bitcoin is becoming a financial asset to many institutional investors and they are attracted to it because of the gains but with people like them here, what we do have as usual meal in every cycle might be difficult to see.
However, I think altcoins in general will be the next thing to hunt, look at how meme coins were largely demanded, even some of the crypto YouTube channels I lookup to that doesn't like shitcoins all of a sudden begin to talk about meme coins and that's because of the profit.
Many investors believe that 1 month is more than enough for the effect of the halving to swing in, and since that's not really the case as the market has just hit a correction stage just as you've rightly stated, they're now in panic and afraid of the market outcome.
Just as you've said, the market is merely undergoing a correction phase, which is actually healthy and necessary because it'll allow consolidation of gains and also lead to possible price increase.