The importance of Bitcoin halving is mainly reflected in the impact it may have in the next 12 to 18 months.
The market bottoms out about 1.3 years before the halving, and the peak occurs about 1.3 years after the halving, which is about 480 days later.
These declines can be seen as a normal process to new historical highs, which is in line with the cyclical rhythm of Bitcoin's long-term rise.
