I think that after the halving, the BTC price will not go up immediately but will still go sideways at first. This refers to LTC's experience some time ago and this can be used as a reference but is not the absolute answer. But, the main thing is that investors and others are optimistic because the moment they have been waiting for has begun.
It has been observed in the past that the BTC price increased slightly after 3 months of halving. Major price hike occurs after 12 to 18 months of having. After the 2024 halving event, we will see the same trends repeating, but this time, because of institutional investors, I think we might see a pump to the new ATH a bit sooner than we previously observed. But before that, the chances are that the market will dip in the coming months.
The majority of crypto investors had no other option than ultimately be hodling and accumulating bitcoin throughout this downtrend movement of bitcoin price since it appears that our predicted price of bitcoin, which we expected to be at least around $35k–40k towards the end of the year, will not be achievable this year. It will be in the same way a thoughtful idea for us to use a DCA method throughout this downtrend movement of bitcoin price until the green candlelight starts
Holding is the ultimate option for every crypto investor. At the moment, the $35k-$40k level seems far-fetched. The predictions are that the BTC price will not go past $30k, and we might see a dip below $20k before 2024 halving.