The weakness of this strategy is that when Bitcoin fails to reach a high price after the halving until the next halving occurs, this can damage public trust and also harm miners. However, this weakness no longer applies because Bitcoin always has a new ATH at every halving phase that occurs. So, I believe the price of bitcoin will continue to skyrocket in the future.
This is just like saying bitcoin price is been set by Satoshi which you know is completely wrong, if the prices are pre determined before now we might have found a way around to know about it. Saying halving period increases bitcoin price isn’t correct because the price effect is actually influenced by the demand and supply of it. It is only when any of this happens that the price reacts not because the supply is cut into half. The reason it is most likely on halving periods is simply because people look at bitcoin during this period and think that it’s reduction will cause scarcity so the surge for its demand is what drives the bull run.
I wouldn’t say that the price will increase after every halving since the three occasions we have had isn’t a yard stick that it can be that every time but I will say as things are now and how people FOMO during halving periods I see the price always growing higher each of the halving periods