We're all expecting the price of bitcoin to go up and we've seen it early this year. But the catch is that this year is still going to be a long year to be seen. We're just in the 2nd month of it and there are 10 more months to go and so on, 2025 then that halving comes.
By that time, the expectation that we're waiting for its price increase should come by that year. As known by the majority, bitcoin will be up so do the altcoins too but we need to be wise with our choices if it's for the alts.
This year will be a long year, as bitcoin is still trying to stay at its current best price.
Currently bitcoin is able to maintain prices above $20k. If bitcoin is unable to survive then there will be several corrections that lead below $20k. this will be a correction that provides an opportunity for those who have not entered the market so that they get a cheaper price.
Halving is certainly a positive indicator for the bitcoin price, as a decrease in new supply can increase demand and lead to an increase in price. However, it should be remembered that halvings do not always have a direct influence on the price of bitcoin and there are many other factors that affect the price of cryptocurrencies, such as market trends, demand, and regulation.
Holding Bitcoin for the long term or some potential altcoins, would be highly recommended. then sell when the halving hype starts.