Maybe? bitcoin's price is already rising. According to the market, it climbs up smoothly to 8,200$ now.
There might be also a chance that this year 2020, bull run will happen. Most of the investors are expecting these changes, I hope they're right for the decisions they made since we aren't still sure if it will happen the same thing last 2016.
Agree, Also the market is just starting to recover from the loss this 2020, I think there is still a lot of time for the market to recover from the dump so let's give it some time considering there is a lot of delay and resistance in the market price of bitcoin and also there is war going on.
In 2016 the halving was early July. Depending on the exchange, the price was as follows:
May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677
The price increased about 50% from May 1 to July 1 just before the halving event.
Should we expect something similar this time?
Before the previous in 2016, but market has started and the price of bitcoin increased. So, the tendency that the past would repeat itself is likely but not 100% certain.
But it is certain that holders will not lose but gain profit at later months after halving if at all the bull does not start early. So, what matters most is the bull run to start this year so investors can profit.
It could be there are so many speculations in the market but I think having this pump and dump in the market is also whats makes bitcoin profitable most of the time a lot of investors could buy low and sell high most of the time in this situation. But still, we are hoping for the market to pump like happened in the past.