We’ve known about halving for years, and we’ve consistently observed the effects when it occurs. However, correlation does not equal causation.
Since everyone is aware that BTC will become twice as rare in 2024, many of us are buying now, which is why BTC isn’t still at $15-20k. We’re all front-running the halving. Unfortunately, the price isn’t likely to drop from here. I was hoping for more time to accumulate, but I have almost no money left.