It is possible that the bitcoin price will indeed increase gradually following the halving that will occur in 2024. We have all been through the same period before, so it may be true that something similar will repeat itself until a new ATH is hit.

So far no one knows for sure what the highest value bitcoin will reach after the 2024 halving, but there is a possibility it will be over $200k or slightly lower. So don't worry, continue with your investment plan and hold your bitcoin to the long term plan. You will enjoy the returns from bitcoin if you are patient, but for now my advice is to accumulate as much as you can afford to lose.