Bitcoin
$9,804.09 -1.78%
BTC · 22w

Bitcoin Halving — What Effect Does the Bitcoin Halving Have on Bitcoin’s Price?

Key Tendency #1

Most of the exponential growth in Bitcoin’s price as a result of the Halving occurs after the Halving.

Leading up to Bitcoin’s first Halving, Bitcoin rallied 663% to reach the pre-Halving top of $15.51.

Once Bitcoin bottomed after its -50% pre-Halving retrace, Bitcoin rallied over 3400% post-Halving to reach its Market Cycle top of $270.94.

Leading up to Bitcoin’s second Halving, Bitcoin rallied 383% to reach the pre-Halving top of $794.91.

Bitcoin rallied 4080% in 524 days to reach the Market Cycle top of $20,074.

To summarise:

In Halving #1, the post-Halving growth was over 5 times larger than the pre-Halving growth. In Halving #2, the post-Halving growth was over 10.5 times larger than the pre-Halving growth.

Clearly, most of the exponential growth in Bitcoin’s price as a result of the Halving has occurred after the Halving.

In fact, Bitcoin has managed to set a new All-Time High in price after each of the previous Halvings.

After reaching a new All-Time High, Bitcoin would top out to end the bull market and subsequently enter a bear market period that would see Bitcoin retrace at least -80%.

Key Tendency #2

Bitcoin experienced stronger and quicker growth prior to Halving #1 compared to the growth prior to Halving #2.

Prior to the first Halving, Bitcoin rallied almost twice as much (663%) to reach the pre-Halving top compared to Bitcoin’s 383% price rally to reach the pre-Halving top prior to the second Halving.

In fact, it took Bitcoin almost half the time to do so.

To summarise:

It took Bitcoin 273 days to rally 683% to reach its pre-Halving #1 top compared to the 518 days it took to rally 383% to reach its pre-Halving #2 top. Key Tendency #3

If Bitcoin rallies less pre-Halving, then it will rally more post-Halving.

Prior to the first Halving, Bitcoin rallied 663% to reach its pre-Halving#1 top but later rallied 3,400% after the Halv...

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