People thought that the bull market of Bitcoin would start after halving bitcoin. But it didn't start. After block halving, it takes a few years for the market to take effect. For those who have been waiting to see the instant market change, their patience is running out. If we compare it with the last halving, we can see that the market has been slowly building since the halving for a big bull run. So I’m optimistic, the market is preparing to do something big. But this year the situation is different than ever.
The situation is different because of the pandemic that the world is facing right now, so maybe the one year law that you are saying would be delayed, but I am also dure that there will be a bull run in the near future and then there will be an altcoin season right after it as happened in the year 2017 where everything where crypto was involved turned out to be gold. If the same of 2017 happens now again then we can also see a flash crash after a big dump so you should have a backup plan to be insured against a bad market situation.