🚨2012 -2020 HALVING MOVEMENTS AND ANALYSIS
Let's examine the $BTC price movements after the days of past Bitcoin Halvings on the 1-day Bitcoin chart.
1⃣Halving 28 November 2012
There was a movement of 6.36% from the peak during the day and then it continued its upward movement.
2⃣Halving July 9, 2016
A withdrawal of 5.72% was observed during the day. After an increase of 9.30% in the next 8 days, there was a decline of 32% in the next 16 days. Then they continued their rise towards making ATH.
3⃣Halving11 May 2020
A withdrawal of 10.91% was observed during the day. There was an increase of 16.52% in the next 3 days and it continued its upward movements after moving in a certain price range for 73 days.
