It's pretty known that halving causes the massive rise in bitcoin's price and people know it. There was an enormous similar expectation back in 2016 and everyone saw that bitcoin was capable to rise from $600 to $20 000. That previous experience lead people to believe even more in post halving price rise expectation in 2020, especially when bitcoin handled the pandemic well and didn't fall as it was expected/predicted. So, we got a pretty good rise and bitcoin reached 64K USD (Also, we have to consider that BTC doesn't worth some bucks and a 10x rise isn't possible in a short timeframe).
If we have a look at past, it's obvious that it's not the all-time high and we should expect even greater price. At the same time keep in mind that $100 000 is a symbolic number and people have high hope that bitcoin will reach this price! If we reached 60K, 100K is pretty easy. Will it reach 200K? Who knows, this is crypto!
I do believe that we will reach 200k one day, and also 100k as well, I just think that it is not going to be now. If you check the previous halvings you will see that it goes to an ATH price (like 20k or 64k now) and it starts to drop after a while, we do not see a huge drop and then follow that with a huge increase, it rarely happens, which is why I think the best case scenario here is that we are not going to see too much drop, we will stay above 30k for a while, then somewhere along the line of 2022 or so we will see 50k or so again, and then in about 2023 or 2024 we could potentially see another huge increase, maybe even later than that, in that increase we will definitely beat over 100k for sure.
That is why I think it should be noted that we are not doing something that is unexpected with this drop, we always expected the drop to be fair, we just had too many newbies who didn't know what to do.
