its a significant event alright, in my book the Halving is what Bitcoins cycle revolves
around, it kick-starts the cycle and sets in motion all manner of forces on the marketand emotions
as the OP suggests on the market over the 4 years.

as Mrbluntzy has posted above seasoned Bitcoiners understand the Bitcoin cycle
more or less while it can be a bit of a mystery to new ies.

I would suggest to anyone starting is to concentrate on Bitcoin, I'm meh on NFT's,
 and stay away from $hitcoin 'Crypto assets'

its a significant event alright, in my book the Halving is what Bitcoins cycle revolves
around, it kick-starts the cycle and sets in motion all manner of forces on the market
over the 4 years.