Bitcoin halvings

There have been 3 Bitcoin halvings so far & the next one is estimated to take place in April (~74 days).

Here is what happened in the 3 months that followed each halving:

28 Nov 2012
+1 Month +10%
+2 Months +47%
+3 Months +157%
(Straight Up)

9 Jul 2016
+1 Month -11%
+2 Months -6%
+3 Months -7%
(Down & Sideways)

11 May 2020
+1 Month +6%
+2 Months +6%
+3 Months +36%
(Sideways & Up)

Basically, after each BTC halving the market either went Up, Down or Sideways.

Based solely on the halving, the data is inconclusive.

Beware of anyone that hypes it up.

Anything can happen from the upcoming halving.

#Bitcoin #Halving #Write2Earn
There have been 3 Bitcoin halvings so far & the next one is estimated to take place in April (~74 days).

Here is what happened in the 3 months that followed each halving:

28 Nov 2012
+1 Month +10%
+2 Months +47%
+3 Months +157%
(Straight Up)

9 Jul 2016
+1 Month -11%
+2 Months -6%
+3 Months -7%
(Down & Sideways)

11 May 2020
+1 Month +6%
+2 Months +6%
+3 Months +36%
(Sideways & Up)

Basically, after each BTC halving the market either went Up, Down or Sideways.

Based solely on the halving, the data is inconclusive.

Beware of anyone that hypes it up.

Anything can happen from the upcoming halving.

#Bitcoin #Halving #Write2Earn