Bitcoin has had three halving events so data
1. The first one was in November 2012. At that time, Bitcoin's price was $12. By November 2013, the price had gone up to $1,146, which is 95 times higher.
2. The second halving happened in July 2016 when the price was $658. By December 2017, the price reached $20,089, which is a 30-fold increase.
3. The third halving took place in May 2020 at a price of $8,800. By November 2021, the price had jumped to $69,000, roughly 8 times higher.
Bitcoin's fourth halving is scheduled for April 2024. We'll have to wait and see what the future price will be and how long it might take to double.#HotTrands