If you don't have any in-depth analysis, just based on some basic logic, the halving of Bitcoin does mean a reduction in supply, which may lead to a rise in price. As for whether it is 70,000 or 250,000, it is indeed an unknown.
So, how will large investors (whales) and the stock market react to the upward trend of Bitcoin?
Obviously, Bitcoin will be sold at some point. But they will not buy back the Bitcoin they sold before, that's for sure.
Their strategy is usually like this: First, they will use news (such as war, food shortages, stock market crashes, etc.) to create panic.
This time, as BTC is sold off, the market will fall into panic, and altcoins may begin to emerge. This will further drive BTC's sharp rise, and altcoins may fluctuate more. Simply put, if BTC falls, altcoins may fall even more. Subsequently, BTC investors may turn the funds sold at low prices to altcoins, thus starting the altcoin season.
This cycle has been like this, almost becoming a rule.
In short, when whales buy BTC, we follow and buy BTC; when they buy altcoins, we buy altcoins.
As I mentioned before, they tend to create uncertainty and speculation through news first. This week we have seen mostly negative, bad news...
But I am optimistic about this. I think the more bad news there is, the greater the potential for the market to rebound.
For me, a basic principle is: try to minimize losses from the beginning. It is recommended to trade with only 30% of the capital, so that there is always money in hand to reduce costs during the crisis, and at the same time you will not miss other investment opportunities.
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