Based on past experience, Bitcoin will cut production by half in the next year, and this year is suitable for shocks and steadily rising. But the market is changing. No one can predict the future.
Bitcoin price is unpredictable and yes currently this years its seems that it will grow again and recovering its price just like last year,and as you said that bitcoin will cut production by half in the next year,yes i think was because many people want to invest on it and it take it own popularity.