The way I see it, there's still a lot of regulatory uncertainty surrounding bitcoin and many people don't want to invest because they need to be led by the hand by governments and regulators, so once these people are told what to do they will invest. The only thing that stops bitcoin from going into major adoption phase is time. Sooner or later every country will have to choose sides.
As for the halving, most people don't know what it is and don't care. Even a large number of traders don't go into details of every cryptocurrency they buy. They just look at charts, see a pattern that they like and buy and this comes down to buying when it's already going up to catch 20% of the move up and then short it when it's already past initial crash to catch another few % on the way down.

I just experienced halving for the first time but I didn't ask about it so I think there may be some people who have just experienced halving who ask about it but most of those who ask are those who really want to find rich momentum instantly not for the long term so that when halving occurs they will think that the price of bitcoin will accelerate quickly but in fact for now their initial expectations are not going well even though if you look at the current bitcoin movement it is still a bull run.

They do not have strong beliefs for the long term and only want to benefit quickly by utilizing the moment that occurs (in this case halving) which makes them always ask for an increase after halving even though when they are really sure about bitcoin I think they will be more relaxed because indeed their target is long-term.

If they just entered to make the one-time reap then the numbers will go down but I don't think once they tasted the profits it will be too difficult to give away that and wait too long, the urge to buy before the next halving will make them to stay. And it also won't affect the long term users either, cause they know bitcoin is going to rise no matter what, only people who entered at $70K might be thinking about cashing out and never come back.

I think you are referring to traders. In the market there is a mix of two types of investors, short term and long term. In BTC market analysis, you will notice that as its price tends to rise, investors become more motivated and aggressive to buy. In this situation some traders enter and exit in short intervals and they keep coming back every season. And those who are long-term investors buy at the dips price as per their opportunity and continue to exist in the bitcoin market uninterruptedly and they are the ones who end up being the big holders.

Investors who are holding Bitcoin at the top price ($70K) I think most of them have their investment plans aimed at the $100k price and for the long term. I am only talking about real BTC holders here.

It would be very naive in this situation to say that you are not worried especially seeing that the value of our portfolio is reduced from before (when we were at $71k) so there is clearly concern. But isn't this about belief? I once held back when buying bitcoin at a price of $50k in 2021 before it experienced a decline and i also felt like buying bitcoin at a price of $15k without caring and feeling worried about my previous purchase at $50k so that now i can still be said to have made a profit because I managed to buy at the price at range of $15k-$30k, even though now the price of bitcoin is $58k, I don't feel like I'm making a loss because I'm still making a profit from my previous purchase, so that worry can be reduced a little because even though at the moment the value of bitcoin is depreciating, the amount remains the same. and for the next few years it could be that prices like this are the lowest point during a decline so I don't worry any more because my goal is long term.

Bitcoin has experienced a rapid increase after being bearish last year so it is quite natural that in the end they will also have a correction and in fact this should not be a cause for panic because this could be a good momentum so that we can buy back bitcoin at a slightly cheaper price compared to previous price of $71k .

Yes, it's true, that rare events like this bring in some seasonal people who are looking for scalping, it's natural because most of the pump potential is more with altcoins also following other genres such as memes. I feel that even the slightest capital difference between the middle and approaching the halving feels quite different. I think anyone could take a crack at even just a few weeks. When you have passed this phase, I think it is time to leave when you are at a certain point (1/4 of the current price point or vice versa) and buy back in the lower area. And that's natural. I think this is normal for both new and old investors with a trading mindset, because my investment goal is to sell when the best price is maybe half (there is a difference between capital and profit).

 Well from my understanding I think it depends on the season and how well they understand cryptocurrency, especially Bitcoin, during the bears some new investors who recently learnt about Bitcoin and have understood the concepts would see that as an opportunity to invest more more into to market so they will benefit when bull season comes and during the bull market at lot of people would rush to invest due to Fomo. Yes, Fomo has cause lots of investors to come into the market, especially those who doubt it's potential and where afraid to invest when the price dropped, when they notice a rapid increase in price they will have no option but to rush and invest cause they do not want to miss out on benefiting from the bull season.

For the record though, approval of Bitcoin spot ETF might be attracted to whales only. For us retail investors, we should know how to take care of our precious Bitcoin, save it in a wallet that we have total control of.

And again, everything cyclical here, like the bull and bear cycle. So if there is a new investor being born every minute, then there could be investors who learn the tricks and become experience or there could be really quitting.

Thank you for your honest answer, I believe there is no one who is not worried about what is happening and those who say they are not worried at all are actually liars. I'm just like you, my investment is still profitable as my average purchase price is between 35k$-40k$ but with bitcoin going through a correction phase, I can't help but be worried. I'm worried because my goal is for bitcoin to reach $150k or more this bull season and we all know that bitcoin is unpredictable. History may or may not repeat itself, so every time bitcoin corrects, worry is inevitable.

But I still won't sell any bitcoin until I reach my goal. I continue to be optimistic even this month even though many became pessimistic when bitcoin corrected towards $56K. I expect us to hit $100K this year and $150K by Q1 2025.