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Sure, here's a simplified breakdown of Bitcoin's previous halvings:
November 28, 2012: Bitcoin's reward halved from 50 BTC to 25 BTC. After 48 days, the price began to surge.
July 9, 2016: The reward halved from 25 BTC to 12.5 BTC. A bull run started 259 days later, leading to significant price growth.
May 11, 2020: Reward halved again, from 12.5 BTC to 6.25 BTC. A bull run began 149 days later, highlighting the impact of halving events on market sentiment.
Now, in 2024, with the next halving anticipated on April 19, it's a good time for investors to conduct research and consider their investment strategies amidst the changing dynamics of Bitcoin's supply and demand.
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