BTC is trading at %68500 as we speak.
These green boxes represent the price action after #BTC halvings. We've never seen a red year after a halving.
Bitcoin halvings are significant events, here are the percentages of Bitcoin's price increase one year after each halving event to date:
1. First Halving (November 28, 2012)
- Price at Halving: ~$12.35
- Price 1 Year Later: ~$1,037
- Percentage Increase: ~8,296%
2. Second Halving (July 9, 2016)
- Price at Halving: ~$650
- Price 1 Year Later: ~$2,520
- Percentage Increase: ~288%
3. Third Halving (May 11, 2020)
- Price at Halving: ~$8,800
- Price 1 Year Later: ~$56,000
- Percentage Increase: ~536%
4. Fourth Halving (April 19, 2024)
- Price at Halving:~ $65,415
- Expected Price (1 Year Later): $115,000 - $156,000
- Percentage Increase:~ 127% at $156,000!
This return is decent as compared to the previous rallies.
Looking at the bigger picture is crucial if you want to see significant changes in your portfolio.
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#Bitcoin