I am also inclined to believe that the market will have a correction to $52k. If we analyze the BTC chart, this level really seems to be the ideal level to complete the correction from a technical analysis point of view. However, the market is not always predictable, and I also don't rule out that the market may have a short consolidation in the current range rather than a full-fledged correction.
If we see the daily candle chart only, it seems possible because under $60,000, there is a huge space for draw down.
If we look at Volume Profile (VPVR), Cohorts, and Liquidation Heatmap, we can see other probabilities for a draw down to about $52k.
It's not my financial advice and I never call to sell your bitcoins, and wait for $52k to buy back or use Leverage and Short Bitcoin now with belief it will drop to $52k.
It's good if you have prepared USDT to buy Bitcoin during the halving, because there may be a correction. I have bought in previous years, so if I don't want to increase my collection this year, I will focus more on the potential of altcoins.
Around the halving, means before and after, not during the halving. Halving happens quickly between two blocks, and does not take a long time.
Price will change before or after the halving and I expect small mining farms, companies will not be able to suffer 1/2 of block subsidy while Bitcoin price won't double quickly. If they have thin budget and bad business fund management, they will have to sell their bitcoins to pay necessary bills even have to sale off their Bitcoin ASICs.