There are a lot of people that is holding their Bitcoins around this time, because they all hope that the value will be more in the future so they can sell it with a good profit.
The bad thing is that you never know what can happen with the value and that the value can also be going down so you can wait a much longer time, and that will be not good.
in fact block halving force people to hold his bitcoin, and force miner to increase his hardware, i think bitcoin will be boom again $1000 again