Halving is overhyped. W can only speculate what will happen after it. Standard economics, law of supply and demand would say that bitcoin price MUST go up. But here is a problem, Bitcoin is not exactly under influence of standard economics laws. Personally I would be very surprised if bitcoin price skyrocketed as a result of halving.
i would be more surprise if the price falls as a result of it, than any other scenario, it does not need necessarily to skyrocket to prove that the halving worked, a right increase could do the trick
we would get at least a better value out of bitcoin, which would increase short-term adoption