Bitcoin halving, war, composite men. Which?

For the past few days, I've been closely following Bitcoin. The fluctuating movements, which eventually led to a dip in price, have prompted some questions.

Why is Bitcoin going down drastically at this point in time?

There are many answers to this question?

Could it be the war? Even when there was no war, it happened, however, we can still shy away from that fact. But I have a different opinion.

WHAT IF WYCKOFF METHOD IS IN PLAY

Are composite men dropping to make others think otherwise so that they can join them? If that is the case, then Bitcoin might be heading back to hit the all-time high, as it did a few months ago. Composite men have the power to influence the market. When they drop, the market starts crashing. When it dips to the level they want, they buy back and push the price up. It's a strategy to accumulate more coins.

Let's consider it. Bitcoin halving is around the corner, and if you ask me, this is the time to accumulate as coins are bleeding. Throughout the history of Bitcoin halving, there was never a time when Bitcoin didn't surge. So, if that's the case, the probability of Bitcoin soaring is high.

So far, three Bitcoin halvings have occurred. The first was on November 28, 2012, and it reduced the new Bitcoin created per block by half, from 50 to 25.

On July 9, 2016, the second Bitcoin halving occurred, reducing the amount of Bitcoin from 25 to 12.5 per block.

The third Bitcoin halving took place on May 11, 2020, reducing the amount of Bitcoin produced to 6.25 per block.

These three halvings saw the price of Bitcoin at its peak.

After the first Bitcoin halving, Bitcoin reached its all-time high the following year. The second Bitcoin halving also saw Bitcoin at its all-time high the following year as well.

After the third halving, Bitcoin experienced a notable and significant upward trend.

From the all-time high of above $73,000, Bitcoin has plunged to around $60,000 as the fourth halving drifts nearer. The volatility rate during this period is drastic. As of today, I've followed the trend predicting the market on CoinLive, and I've had 11 streaks. From the look of things, Bitcoin will likely surpass its fluctuating points of $62,000 and start an upward trend soon.

Don't forget that the movement of Bitcoin affects other altcoins as well. This might be the right time to accumulate. As soon as Bitcoin picks up, other coins will follow suit, and this can happen anytime soon. This is just my personal analysis and nothing more. Below are images showing the longing and shortening of Bitcoin. 11 Streaks so far today.

Let's continue analyzing the market and make informed decisions before investing. Thank you for reading my post. Please note that I may take some time to reply to comments as I don't have enough RC. This is my first post here, and I hope I didn't break any rules. Your support would be appreciated as I strive to make an impact.

Thank you.

Striving is key to achieving our goals and making a difference. When we keep pushing forward, and learning, we would keep growing day by day!