So it would be intresting to see the hold price for 3-5 months after the halving..
i expect some heavy dumping to happen after the block halving as people will cash out the coins they bought at these prices or below $400 not long ago. it will be very interesting to see where the price will find a stable point. my guess is either just above $400 or just above $500 for the rest of this year.
In my case I think we will see some massive dumps at the range of $500 if the price won't stabilize it's support for at least hours like the scenario happen last November where $500 range only touch in a duration of minute. It's just a matter of strong faith especially to those believers that price will spike more after halving.
i also think we'll see huge dumps before even touching $500 and i even see whales place massive sell orders at $499-$499.99 to make the price not touch the $500 level. last november the price went up way too quick which is also a significant reason of why the price tanked down after touching $500. this time the growth has become much more sustainable.
previous high of $500 in november last year was pure manipulation that had something to do with the mmm ponzi in china. chinese exchanges back then were ahead of all other exchanges due to the increased demand that ponzi has created in china. that's enough difference for me. the price was bound to collapse heavily, which it did.