Bitcoin (BTC) has neither run away nor plunged following its halving, which suggests that history might be repeating itself. After the first halving, the top-ranked cryptocurrency on CoinMarketCap moved up only by 7% after a month. After the second halving the price dipped 10% during the same period.
However, the important thing to note is that both the halvings were followed by strong bull runs. Therefore, even if history doesn't repeat itself it could still offer handsome returns to investors at a time when the global economies are staring at their worst recessions in decades.