so seen people saying halving all the time? what is it so when bitcoin halving the price reduce or rise?
halving means that block rewards will be halved, so miners will get less money from bitcoins and maybe it will be unprofitable for them so they will leave their jobs so price will have to rise
so price will rise and some people predicts that price will rise to 1200$ but i think that we will be pretty lucky if price will rise to 900$ as there will be a lon of people that will sell bitcoins
There are a lot of people that will indeed panic sell hard, specially those that bought around the 700-900 area, but there will be a lot more people buying due fear of missing out aka FOMO. This is inevitable because this time Bitcoin is way more matured than it was back in the MtGox days, which would put the next ATH at anything around 4000 USD.