According to Odaily Planet Daily, Bitwise Asset Management pointed out that although historically, BTC's price performance has been mediocre within a month after the halving, its price has increased by at least three digits in the following year. For example, BTC rose 9% in the month after the halving in 2012, but in the following year, it soared 8,839%. After the halving in 2016, BTC fell 10% a month later, but rose 285% in 2017 to a peak of $20,000. Similarly, BTC rose 6% in the month after the halving in 2020, and then rose 548% in the following year. Bitwise said that although the data is limited, market prices often underestimate the long-term impact of halving.
