#Coinbase report: This halving looks like the first halving where#Bitcoinincreased by 923 percent It looks like the first halving.” However, analysts also point out the similarity to the first reward halving in the early stages of Bitcoin: “In the early periods, when Bitcoin was trading just above $5, there was a 139% increase 6 months before the halving. In the 6-month period following the halving, the increase reached up to 923%. Of course, these were early times and such high performance was not seen in subsequent halvings.” The report stated that there was no major price movement after the second halving and said, "There was no sharp rise here either, but Bitcoin managed to find its peak again at the $ 1120 level." As you may remember, before the 3rd halving, due to the coronavirus crisis, Bitcoin fell to 3500 dollars just 2 months before the halving, but approximately 10 months after the halving, it reached a new peak of 64 thousand dollars and rose approximately 20 times higher than the "coronavirus price". . “It looks like the 2018-2022 period” The report also noted that the halving may have a major impact on the price, but there is not enough data to say this with certainty, and the following expressions were used: “The cycle we are in is more similar to the movements in 2018-2022. “Bitcoin had risen 500% from the bottom here.”
