The price of Bitcoin is influenced by various factors, and the halving event is one of many factors that can impact the price. While there is often speculation regarding how the halving event will affect Bitcoin's price, it is important to note that price movements are complex and can be influenced by market sentiment, demand and supply dynamics, investor behavior, global events, and other economic factors.

Just after the halving, it is not uncommon to see a period of price consolidation or even a temporary dip in the price of Bitcoin.