How will the cryptocurrency market behave?
In the short term, we can expect spikes in the price of Bitcoin up to new historical highs, but after the halving there may well be a period of market cooling. Volatility will “increase significantly” in the coming month. You need to be careful when placing positions - both long and short.
Locally, the very fact of halving can become a fact of “sell the news event”. This means that an event that everyone is waiting for as a positive factor, upon completion, can become the end of a local rally and “the starting point of a healthy market correction.”