The value of bitcoin will keep on growing till the halving occurs, but after halving there are many possibilities that the price will drop down significantly.
Agree but I dont see any reason to a drop after that this happens.
The reason is bitcoin price is always a realistic value. In a short term the price jumps high due to the halving (when the production decreased). Gradually when the circulation of bitcoin is stable the price falls and reaches around $500-$600.
The halving will increase the price, which attracts more people to the bitcoin, so the price rises again.
i totally agree.
that is the thing that i was thinking about a couple of days ago and today i saw it with my own eyes in another market but still the rules apply.
there is always a avalanche effect, like a chain that will happen because of the price rise. when the price goes up all the bots, alerts,... will go off and all those people will start buying bitcoin and this is the first demand that will raise the price then others will come and buy in order to not miss out on the price rise so the price will go up higher, ....