When we examine past #Bitcoin halvings and compare the current cycle to the previous one, it’s evident that we’re in a similar phase to late September 2020.
At that time, Bitcoin’s price was around $10.5K. Remarkably, over the next five months, it surged to over $56K.
While history doesn’t exactly repeat itself, it often offers valuable patterns or insights. This comparison suggests that we could be on the brink of a significant price movement.
Although no two cycles are identical, the underlying market dynamics and investor behavior can lead to similar outcomes.
