Ahmet Bedirhan Arvas 
Bitcoin’s prices and past data related to halving cycles may reveal a certain pattern or trend. However, history does not always repeat itself in an exact manner. Nevertheless, past events can assist us in understanding the future.
Bitcoin and Halving: Inferences from Previous Cycles
2012 Bitcoin:
- Occurred in November 2012.
- Price before: Approximately $12.25 USD.
- Price after halving: Quickly rose to levels around $230 USD.
2016 Bitcoin:
- Occurred in July 2016.
- Price before: Approximately $650 USD.
- Price after halving: Gradually increased to around $20,000 USD.
2020 Bitcoin:
- Bitcoin’s third halving occurred on May 11, 2020.
- Mining rewards were halved with the halving.
- Previously, 12.5 Bitcoins were rewarded per block, which was reduced to 6.25 Bitcoins.
- After the last halving in May 2020, Bitcoin reached levels around $69,000, setting a new record.
From the Past to the Present
- A gradual increase in prices has been observed.
- Volatility may increase both before and after halvings, with the possibility of sudden declines.
- Considerations for potential declines include:
- If there has been an extreme price increase, corrections are possible.
- The impact of factors such as news and regulations on the crypto market should be taken into account.
- Support and resistance levels should be monitored using technical analysis tools.
CONCLUSION:
Trends of Bitcoin throught history: The trends that Bitcoin has exhibited throughout history may continue in a similar fashion in the future, but making precise predictions is challenging. Personal research and portfolio diversification are crucial before making investments. Fluctuations in prices are normal, and maintaining patience with a long-term perspective is important.
Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.