Breakdown of BTC’s Price Performance After Previous Halvings, Will History Repeat?

BTC peaked less than two years following the previous two halvings, will history repeat again after the fourth one?

With less than a year remaining until Bitcoin’s fourth ever halving, speculation has already begun on whether this one will be followed by the same or similar bull runs as the previous ones.

In-depth data shows that the asset’s price performance has been rather identical before and after the last two such events.

Upon creating the network, the anonymous developer Satoshi Nakamoto incorporated an event called the halving, which occurs every 210,000 blocks (appr. every four years) and slashes the rewards miners receive in half to slow down the speed at which new BTC is being created.