Recently, I shared insights on the historical September downtrend in the crypto market.đ» However, one of my community members raised an interesting question: Is this trend consistent even during halving years? đ€ I decided to dig deeper into this topic. Hereâs what I found.đ
đž đ©đ»đȘ đ·đđđđ đšđđđđđđđ đđđ đșđđđđđđđđ (đŻđđđđđđ đđđđđ):
đ 2012: BTC saw a strong upward movement, gaining 21.7% in September.
đ 2016: BTC continued its positive trend, increasing by 5.9% for the month.
đ 2020: Contrary to previous halving years, BTC experienced a decline, dropping 7.6% in September.
đž đâđđĄ đđ đĄâđđ đ đđąđđđđđ đĄđđđ đąđ ?
More often than not, $BTC has seen an average price increase in September during halving years.âŒïž This suggests that while the broader market might view September with caution, halving years could present unique opportunities for upward price action.
đž đłđđđđđđ đđđđđđđ :
As we know, historical patterns often repeat themselves in the crypto market. After each of the previous three halving events, Bitcoin has witnessed substantial rallies. Let's take a closer look:
- 2012-2013: Bitcoin's price surged from $12.4 to $1,170, marking an incredible +9,335% gain.
- 2016-2017: BTC's value climbed from $680 to $19,400, achieving a +2,753% increase.
- 2020-2021: The price of BTC rose from $8,590 to $66,708, representing a +676% gain.
đž đ»đđ đđđ đđđđđđđđ: What could we expect in the 2024-2025 cycle? đ
đâđđĄ'đ đđđąđ đđđđđ đđđđđđđĄđđđ?
Share your thoughts and predictions in the comments below! Letâs see who gets it right this time around. đ€