Based on my experience on the last block halving, it took months like four to five months after before we see the price moving on the positive so I'm not sure if they will be same in 2020.

So it means that yes it has a positive effect but it's not felt overnight. So for those who are saying that this event could be the catalyst, yes, it might, but we need to wait for the actual effect after. It won't be the magic wand that will turn the price from $3K-$20K just like that.