Bitcoin Halving History Review and Future Price Forecast 👉🏻 Bitcoin Halving: A mechanism in the Bitcoin protocol that controls the speed of new Bitcoin supply. The mining reward is halved every 210,000 blocks in the Bitcoin network. So far, the $BTC network has experienced 3 halvings, and the 4th halving is expected to happen in a month. ✨ Pump Pump takes everyone through time to review the 3 halvings in history and the events that occurred at each time node. ▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰1/ The first halving (November 28, 2012): 🕛 50 BTC -> 25 BTC🔺 Price increase (100x): Before the halving, the price of Bitcoin was around $12. After the halving, the price of Bitcoin began to rise, and in the following year, the price rose to over $1,000💡 Node event: Bitcoin gradually began to receive more attention, especially after the financial crisis, people began to look for alternatives outside the traditional financial system, and Bitcoin began to become a safe haven choice ▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰2/ The second halving (July 9, 2016): 🕛 25 BTC -> 12.5 BTC🔺 Price increase (30 times): Before the halving, the price of Bitcoin was around $650. After the halving, the price of Bitcoin began to rise, reaching an all-time high of nearly $20,000 at the end of 2017 💡 Node events: Bitcoin began to receive widespread coverage in the mainstream media, and some regulatory challenges and security issues also emerged, such as the hack of Bitcoin exchange Bitfinex. ▰ ... After the halving, the price of Bitcoin began to rise, reaching a high of nearly $64,000 in early 2021. 💡 Node Event: Bitcoin and the entire cryptocurrency market have been affected by the COVID-19 pneumonia, which has led to increased global economic uncertainty. Coupled with the global economic flooding, more and more investors regard Bitcoin as a safe-haven asset.▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰4/ The fourth halving (estimated in April 2024): 🕛 Reward halving: 6.25 BTC -> 3.125 BTC🔺 Increase forecast (3~4 times): 💡 Node event: The biggest factor in this round of bull market is the approval of the Bitcoin ETF, which introduced a huge amount of compliant funds into the crypto market and led to a huge explosion in the Bitcoin ecosystem, including but not limited to inscriptions, BTC L2, etc. According to historical data and statistical laws, the price of BTC will increase by 3-4 times after the halving, and the price will reach around $100,000-$150,000 in the next year or so.