Recently, I shared insights on the historical September downtrend in the crypto market.🔻 However, one of my community members raised an interesting question: Is this trend consistent even during halving years? 🤔 I decided to dig deeper into this topic. Here’s what I found.👇
🔸 𝑩𝑻𝑪 𝑷𝒓𝒊𝒄𝒆 𝑨𝒏𝒂𝒍𝒚𝒔𝒊𝒔 𝒇𝒐𝒓 𝑺𝒆𝒑𝒕𝒆𝒎𝒃𝒆𝒓 (𝑯𝒂𝒍𝒗𝒊𝒏𝒈 𝒀𝒆𝒂𝒓𝒔):
📈 2012: BTC saw a strong upward movement, gaining 21.7% in September.
📈 2016: BTC continued its positive trend, increasing by 5.9% for the month.
📉 2020: Contrary to previous halving years, BTC experienced a decline, dropping 7.6% in September.
🔸 𝑊ℎ𝑎𝑡 𝑑𝑜 𝑡ℎ𝑒𝑠𝑒 𝑛𝑢𝑚𝑏𝑒𝑟𝑠 𝑡𝑒𝑙𝑙 𝑢𝑠?
More often than not, $BTC has seen an average price increase in September during halving years.‼️ This suggests that while the broader market might view September with caution, halving years could present unique opportunities for upward price action.
🔸 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝑭𝒐𝒓𝒘𝒂𝒓𝒅:
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.
🔸 𝑻𝒉𝒆 𝒃𝒊𝒈 𝒒𝒖𝒆𝒔𝒕𝒊𝒐𝒏: What could we expect in the 2024-2025 cycle? 🚀
𝑊ℎ𝑎𝑡'𝑠 𝑌𝑜𝑢𝑟 𝑃𝑟𝑖𝑐𝑒 𝑃𝑟𝑒𝑑𝑖𝑐𝑡𝑖𝑜𝑛?
Share your thoughts and predictions in the comments below! Let’s see who gets it right this time around. 🤑
