i read a piece somewhere were analyst are expecting the price of btc during this halving to go as high as $20k, speculative and a possibility because of the crash in oil, probably some people might want to make a different choice of investment, but with this current situation, will people rush in to invest or they will want to wait for the pandemic crisis to be over and there is normalcy in the economy!
anyways, am just looking forward to halving, hoping for the best and expecting a no rise in price situation.
Hard to answer since people in this crisis situation will choice to keep their money, investing might be far from their mindset as the crash from the economy due to this pandemic virus relly affecting everyones decision making.
Currently there's a good run from the market this expected halving is bringing good movements.
That is the problem I have with the idea of a bull run happening now, many people have lost their jobs and even more people are worried about losing their jobs in my country and that is not really an environment that could lead us for the price of bitcoin to go up, and while I think bitcoin is a store of value the crisis we are facing is not monetary in nature, instead it is a health crisis and in this case the possibilities we are going to see a sharp increase in the price of bitcoin are limited.