In the last 24 hours the #BITCOINCASH had another time climb exceeding $620, Whales have shown a great appetite for #BCH . The big boys are buying... What do they know?
How have past Halvings affected the price of Bitcoin? Historically, the price of Bitcoin bottoms out a year 1/2 before the next Halving ($15,000 at the end of 2022), after hitting bottom it rises and explodes upwards. The post-Halving rallies raise the price of BITCOIN approximately between 10 and 12 months after occurring, reaching its historical peaks of that bullish cycle. .The first Halving caused an increase of more than 6000% in the price .The second Halving caused a 470% increase in the price of Bitcoin. .With the third Halving, BTC experienced an increase of 285%. The question is not if the price of Bitcoin will increase next year with the next Halving on April 15, but by how much?