But who knows... new investors could fomo in every moment, just as a whale could get out to buy a private island now that prices are getting lower.
Yes... your analisis could be correct.
But there's a possibility that we will have to wait 1 more year to see meaningful reaction to halving.
As I said, it's hard to predict the market now that covid19 and crisis got along at the same time.
Maybe people will understand the true value of crypto and search for shelter in Bitcoin which would lead the price to new highs.
I hope that this won't happen just because whales would sell hard at that point which would lead to another drop in price that would be hurtful to a lot of people and crypto would lose all its credibility once again.
1 year of slow and steady adoption is what we need now.