BTC's downtrend since the April 2024 halving is very similar to the downtrend of the 2015-2017 halving bull cycle.

In 2016, the Bitcoin halving occurred on July 9, with the asset price at $650 on that day. The market fell back to the subsequent low of $474 during the cycle, fell 27% in the month after the halving, and then soared to a cycle high of $20,000 in December 2017. So #btc