After the last halving before four years (2016) the industry has changed 360 degrees as cryptocurrencies — and Bitcoin becomes more popular. Cryptocurrency is becoming part of the mainstream and is used as one of the utility options.
It was presumed that with this halving Bitcoin price will go up, but due to the ongoing pandemic of Coronavirus situation is changing drastically, therefore, now on the basis of these scenarios it will be interesting to see that, what this Bitcoin halving bring? Does the Bitcoin price go up or down?
The Bitcoin block halving supposedly not an event where the price is rising or make a bullrun. It's just that the trend when the last 2 halving occured shows a good price movement. That's what the people was following and expecting the same price movements. Though it isn't guaranteed that it will happen, but the optimistic mindset of investors will make it happen.
But then again, there's no guarantee. The pandemic only had a minimal impact in cryptocurrency though.