Bitcoin halvings have historically had a strong impact on the price of the coin over time, following clear cycles:

1. First Halving (2012)

Price at halving: $13

Peak in the cycle: $1,152 (~8,769% increase).

After this event, Bitcoin stopped being something known only in technical circles and began to attract global attention.

2. Second Halving (2016)

Price at halving: $664

Peak in the cycle: $17,760 (~2,575% increase).

This cycle was marked by the boom in ICOs (Initial Coin Offerings) and the popularization of Bitcoin.

3. Third Halving (2020)

Price at halving: $9,734

Peak in the cycle: $67,549 (~594% increase).

Despite occurring during the COVID-19 pandemic, the cycle followed the pattern of appreciation with increased institutional adoption, as in the case of large companies investing in Bitcoin.

Charts After Halvings

The charts show similar patterns:

A significant appreciation in the months after the halving.

The peak usually occurs about 12 to 18 months after the event.

After the peaks, sharp corrections occur, initiating new accumulation cycles.

The post-halving prices demonstrate how the reduction in the block reward (halving at each halving) limits the supply of Bitcoin, combined with increased demand, leading to bull cycles.$BTC #BTC🔥🔥🔥🔥🔥