Let me ask you a question (or a question to anyone here): what's the reason for the price increase after a halving? Why do people think another ATH, a bull run, or just a boost in price is guaranteed after a halving? I really want to know, because there's nothing I can see that would basically give everyone free money just for investing in bitcoin before one. That sounds insane to me.
Well, personally the halving event for me is just a step that happens every 4 years, but it doesnt guarantee an immediate price increase or free money when you are a new investor. There are few factors which can contribute to pump the price movement in the long term. Historically, every time this event arrives, we see another ATH level reached.
Some of these factors, I would say are the change in supply and demand dynamics, which reduces the rate of new mined Bitcoins resulting in a decrease in the rate of supply. So, if the demand remains constant or increases, the reduced supply can lead to creating pressure on the price. In Bitcoin, when we see the price is stable the chart will show or go momentum in the long term always.
After all, it’s not something we can't predict. The only valid reason for Bitcoin price to pump is if the pressure of buying increases, regardless of what events or news are coming as long as they are considered positive.