🔥🔥How Did Bitcoin Price Move During and After the Previous Halving: Here's the Data 🔥🔥

It might be interesting to examine how Bitcoin has reacted to past halving events. Here's a look at the price performance of previous halvings:

Halving in 2012: There was an 8,839% increase in Bitcoin's price.

Halving in 2016: Bitcoin saw a 285% increase in price.

Halving in 2020: There was a 548% increase in the price of Bitcoin.

But in the month following the halving, the results look a bit mixed:

There was a 9% increase in price in the month following the 2012 halving.

In the month following the halving in 2016, a -10% decrease in price was observed.

The month following the halving in 2020 saw a 6% increase in price.

Based on these data, we can conclude that Bitcoin's price may see large increases immediately after the halving, but a more variable performance can be expected in the following months. Of course, past performance does not guarantee future results, but such historical data can be an important guide for investors.

The thoughts shared by Arthur Hayes are quite remarkable. He notes that there is a pattern in which the short-term effects of the halving are priced in, but the long-term impact is ignored. Hayes believes that the halving could increase prices in the medium term, but points out that price movements may be negative in the upcoming and subsequent periods.

Especially in an environment where the halving is perceived as a positive catalyst for crypto prices, Hayes' views seem to contradict general expectations in the market. This suggests that it may happen contrary to market participants' expectations.

Hayes' belief that Bitcoin and crypto prices will generally decline during the halving period offers a perspective that challenges current perception. Such different considerations reflect the diversity and uncertainty in the market and allow investors to be prepared for different scenarios.