Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.
Two years ago, the price has reached the $20,000 because of ICOs, hard fork and the high expectation created about the Futures. If we follow your reasoning, then when the price reaches $55000 months later it will fall much as it did when the price reached $20,000 and then dropped to $ 3000. I see a lot of comments that the price will reach $ 55000, but in my opinion this is a big exaggeration