Correct, which means that one should expect the following:

1) Market expectations cause a bubble before halving - early 2016
2) If the rate of adoption is steady state expect BTC to be worth at least 2x current value
3) Because of market psychology expect the bubble to actually skyrocket BTC 4x to 10x in value before capitulating to sellers cashing out and crashing between 40-60% . I.E. 350 bubbling up to 1400-3500 and crashing shortly after to 560 to 2100
4) This all assumes another grim year for BTC in 2015, there could be deflationary bubble before than fueled by adoption alone. If So than item 3 still applies in 2016 because of basic supply and demand.

If you understand the technology and believe in he viability of Bitcoins growth (even short term based upon momentum alone) you should be buying as much as you can at any price before 2016.