Analysis of #Bitcoin Bull Runs Post-Halving Events ๐๐๐
2016 Halving๐ช๐ช๐
The first halving event took place in July 2016.
Approximately 160 days later, a bull run commenced, peaking at $20,000 in December 2017, 17 months after the halving.๐ฅ
2020 Halving๐
The second halving event occurred in May 2020.โฌ๏ธ
The subsequent bull run began around 154 days post-halving, culminating in a peak price of $69,000 in April 2021, 12 months later.๐ฅ๐ฅ
2024 Halvingโฌ๏ธโฌ๏ธ
The third halving event occurred on April 20, 2024.
Based on historical patterns, the next bull run might start 150 to 200 days post-halving, likely around September or October 2024.
Share your predictions for the 2024 Bitcoin halving and the anticipated start of its bull run!
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