"The Bitcoin Halving: What Comes Next?"
We've seen big ups and downs recently, especially with altcoins taking a hit.
📅 Past Halvings: What Happened?
Bitcoin has had three halvings: 2012 (blue), 2016 (yellow), and 2020 (green). Each time, there's a surge in interest around the event.
📈 2012 Halving
The first halving showed a massive 176% rise before dropping 57%. But the data from back then is less reliable due to the early stage of $BTC .
📈 2016 Halving
This one's interesting! Just like now, there was a big run-up followed by sideways movement. After the halving, there was a 30% drop, followed by a 144% rise. This was just the start, with Bitcoin eventually going up by 4,000%!
📉 2020 Halving
The recent halving saw a 20% drop just before the event. Then, two long months of sideways movement before a 700% rise. No explosive growth right after the halving here.
🔮 What's Next?
Volatility and sideways movement seem common around halvings. Explosive growth usually comes later. But with crypto, expect the unexpected!
👇 Your Thoughts?
What do you think? Share your insights!