Halving doesn't indicate that the price will go up, its purpose is to slow down the blocks being mined and rewards cut into half. Its not 100% guarantee that the price will go up once the halving came in but if you look at the technicals and chart the short term for crypto's is bearish but in the long run im bullish due to the fact of an falling wedge pattern that's just only my speculation.
Maybe this article would help people understand the situation now compare to the past.
https://www.coindesk.com/why-bitcoins-next-halving-may-not-pump-the-price-like-last-timeThe thing is, people are expecting that same pattern would happen in this coming halving but this market is quite different already for the last 2 years, its been struggling and bitcoin has not been stable. Everyone is waiting for BTC to rise not only for their interest on BTC but for altcoins as well.