It's totaly a GOOD NEWS for bitcoin, because when bitcoin block is halving, the price of bitcoin will raise up. You should buy or hold bitcoin before bitcoin halving.
That's just wishful thinking based on a misconception. There is no correlation between price and the two halvings.
That's what most of people were thinking. When we talk about the Bitcoin block halving, its almost automatic for them to think that it correlates the prices in the market.
When infact, its only the trend that makes a positive impact during and after the halving.
It's for the good of bitcoin and rewards of miners will be cut into half. This will make the demand even higher so if you're worrying about it, the past halving did result in good price of bitcoin.
But I guess it's not really that good for the miners because blocking halving means not just the rewards will be cut into half again, but also means upgrading their hardware. Imagine the expense if you have a mining farm.