Yes, opposite of what many expect many crypto's go down on the short term after the halving event.

I remember thinking "it seems the price of bitcoin also is halving everytime it happens."

In the long term bitcoin will become scarcer and eventually the price will move accordingly.

Until now it reached a new platform around 20K and I would like to think we came from below $1200
instead of that we went down from 68K. We made the higher low 20 x above last top. We may see $12K - $13K
before we can win back trust in the market and the price may go back to $30K - $60K zone.