How does halving affect the Bitcoin price?
There is no direct connection, but there is historical data. For example, in 2012, Bitcoin rose in price by about 8,000% in the year after the halving, and after the 2016 halving, by almost 1,000%. The last halving in May 2020 was followed by a bullish market period that culminated in Bitcoin reaching an all-time high price of around $69,000 in November 2021. However, the market is directly and indirectly influenced by many more factors. At the same time as the crypto market, other risky assets were growing.