Halving events have frequently been associated with increase in price of bitcoin with significant upward momentum both before and after halving. Bitcoin halving often generate increased market attention and hype. Expectation of lower supply and likely price increase may fuel positive feelings amongst investors and traders.
usually it will be like that, that's why many people collect as much bitcoin as they can so that when the halving happens, they will sell it at a high price (after the halving), another factor that influences drastic changes in the price of bitcoin after the halving is that the media will highlight it, and the news will spread throughout the world, this is what makes people interested in buying more. another habit of Bitcoin that cannot be eliminated is its price fluctuations. When the price of Bitcoin is at its peak, it is very likely that the price will change drastically not long after that, so an investor or short-term trader will take advantage of the halving moment to try their luck.
The market generally determines the price according to expectations. During or some time after the halving, the price usually rises because people expect the price to increase. I think the same thing will happen in the upcoming Halving. This is what many people have been waiting for.
Many investors are interested in other people's expectations that the price will increase, other than what will happen during the Halving. That's why the importance of Halving increases even more. Because increasing the number of investors is always good. Investor expectations determine the direction of the market.