The halving of Bitcoin often triggers price fluctuations and upward trends. Historically, after each round of halving, the price of Bitcoin has reached new highs.

From past data, the first halving occurred in November 2012, resulting in an increase of 10,752%; the second halving took place in July 2016, with an increase of 2,263%; and the third halving was in May 2020, which saw an increase of 662%. As of now, the fourth halving in April 2024 has resulted in an increase of 76% (as of now).

Interestingly, in the previous three halving events, the time interval from the halving day to the new price high day was roughly the same, around 540 days. If this pattern holds, the new price high after the halving in April 2024 may occur around October 2025, which is about 5 months away from now.

Currently, the average price of Bitcoin is around $65,000, and it has only increased by 76% after the halving. Compared to historical increases, this rise seems relatively small. Even if the price rises to $150,000, the increase would only be 131%, which still appears conservative compared to the increases seen after previous halvings.

However, it is important to note that Bitcoin's price is influenced by various factors. While past patterns may offer some reference, they do not guarantee that the future will repeat itself exactly. Changes in market sentiment, macroeconomic conditions, regulatory policies, and other factors can all have different impacts on Bitcoin's price movements and the timing and magnitude of new highs. Furthermore, as the Bitcoin market continues to grow, its price fluctuation patterns may also change. Some analysts predict that the true breakout window for Bitcoin after the 2024 halving may open between 2025 and 2026, but there remains significant uncertainty regarding the specific price high and the timing of its occurrence. $BTC #中心化与去中心化交易所 $ETH