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How much the price went up after each halving and when?

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How much the price went up after each halving and when?

At the long last, our days of suffering might be behind us. The halving is nigh! And the market is already hyping up.

Historically, the halving have always been accompanied by a huge rise in BTC price. But exactly how big of a hike we are talking about? Let's take a look at the numbers:

  1. First Halving (November 28, 2012):

    • Bitcoin price before halving: Approximately $12.35
    • Bitcoin price one year after halving: Reached a peak of around $1,038
    • Percentage increase in price: Over 8,300%
  2. Second Halving (July 9, 2016):

    • Bitcoin price before halving: Roughly $650
    • Bitcoin price one year after halving: Reached a peak of approximately $2,525
    • Percentage increase in price: Over 288%
  3. Third Halving (May 11, 2020):

    • Bitcoin price before halving: Around $8,500
    • Bitcoin price one year after halving: Reached an all-time high of over $64,000
    • Percentage increase in price: Over 650%

Few notes:

1) the raise of the price usually starts around 500 days before the halving and gain more speed after the halving. It means that we might already be in the next bull cycle.

2)the price at the time of halving is not always more than the previous ATH. In fact it usually takes several months for BTC to hit its last ATH. So it is not gonna happen overnight. You need to have patience.

3) the amount of increase in the price was very different for each halving. So it is very hard to predict an exact number. I saw several estimates, ranging from 100k to 200k and even more. And to be honest all of them might prove to be wrong.

4) remember these are all speculations and no one can garantee that any of those will come true 100%. So DYOR and know the risks.

My personal opinion? If you hold your bag through the bloodbath of the last bear cycle, it might worth to wait a little longer, until few months after the halving. I would not sell until then. And as a matter of the fact I am extremely bullish right now.

Hope you guys find it useful. If you have any insights feel free to comment!

Cheers VVe

submitted by /u/Successful_Craft3076
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