Since the launch of Bitcoin on January 3, 2009 by Satoshi Nakamoto, 629,025 blocks have already been mined. Since a Halving takes place every 210,000 blocks correctly added to the Bitcoin Blockchain, we are now only 975 blocks away from the third Halving in Bitcoin’s history.
The first thing I have to tell you is simple: no one can predict the price of Bitcoin in the short term. People who guarantee that Bitcoin price will be $15K by the end of May 2020 are liars.
There is no guarantee on the price of Bitcoin, especially in the short term.
The week after the first Bitcoin Halving marked a minor change in Bitcoin price as it was $12.68 on December 3, 2012.
Between the first two Halvings, the relative increase dropped by 69%. Such a decrease between the second and third halving would give hope for an 879% increase in Bitcoin price by the end of the very strong bull market that will follow the May 12, 2020 event.
No one can predict the future. On the other hand, by studying the past, we can try to imagine what the future will be made of. Of course, these are all just hypotheses. Moreover, we cannot measure what the real impact of the 2020 economic crisis will be on the strong bull market expected for the Bitcoin price after its third Halving.
In my opinion, the unlimited quantitative easing monetary policies of central banks will ultimately benefit Bitcoin.
There is a lot of hope in the Halving incident, because it was like the previous halving process last year. So it's not surprising that many are waiting for the results of halving this Bitcoin again.