This pattern cannot be disputed, but what is more interesting here is that, before the halving, you will have the option to purchase bitcoin at a price that is lower.  It is more likely that it will not go beyond the price it was at the time of the halving. It may take a year or more for bitcoin to reach its new all-time high after halving, but if you can acquire it at a cheaper price, bitcoin achieving its new all-time high in one or more years will be in your advantage of a profitable outcome. This should not deter anyone who intends to accumulate bitcoin ahead of the halving and subsequently hitting the new ATH.