What was the price in 2012? Some dollars, then in 1 yar after the halving the price went above $1000, much above.
If same pattern happens, then the price will go to 100k at least 1 year after the next halving, by the year after next halving
Indeed, many people who commit to hold bitcoin for long term will be motivated to saving more bitcoin.
Spend some portions of bitcoin whenever it surges is a good thing in case you know when it comes, get profit and buy back more cheaper coins. But, for those who don't know when the right time, better stay calm and holds.
Many people will doubt it, how bitcoin could reach $100K within 4 years?
Only if many countries legalize bitcoin as legal payment, just like the Japan government did before.
Bitcoin could rise from $980 to $5000 within 8 months, and we don't know yet: how about in the end of this year?
Imagine if bitcoin could manage to grow around 300%-400% per year, then bitcoin may reach $15k-$20k in 2018, and so on.