I analyzed the Last 3 Bitcoin halvings
(So you don't have to)
And here's what I found:
Every four years, the reward for mining new Bitcoin blocks gets cut in half. This one slashes rewards from 6.25 to 3.125 BTC.
Past Performance:
➟ 2012 Halving: 9308% price increase in 13 months!
➟ 2016 Halving: 2861% increase over 17 months.
➟ 2020 Halving: 620% jump in 11 months.
My Take:
Based on historical trends, Bitcoin could potentially reach a 162% price increase post-halving, with a peak around 420 days (14 months).
What are your thoughts? Share your predictions in the comments!