Examining past Bitcoin cycles reveals remarkable growth following each halving event.
In 2012, the price surged from $11 to $1,150. In 2016, it climbed from $650 to $20,000. By 2020, Bitcoin saw another substantial increase, rising from $8,800 to a peak of $69,000.
As we near the next cycle in 2024, there's reason to anticipate a similar dramatic rise. Historical patterns suggest that each halving leads to significant price increases, and with Bitcoinâs fundamentals continuing to strengthen, a comparable surge seems plausible.
