Introduction:
Bitcoin's fourth halving in April prompts a look at historical patterns for insights into potential 2024-2025 heights and the next bull run's timing.
Historical Analysis:
1. First Halving (28-11-2012): Bitcoin at $2.48 a year before, peaked at $1,131 a year after.
2. Second Halving: Fell to $269, soared to $2,518 in a year.
3. Third Halving: Dropped to $7,255, surged to $56,615 a year after.
Fourth Halving Outlook:
Anticipated in April 2024, Bitcoin's $31,000 in April 2023 suggests surpassing $69,000 by April-August 2025.
Takeaway:
Bitcoin's halving pattern: gradual rise, peak 12-16 months post-halving, followed by a bearish phase.
Investment Tip:
Long-term investors, plan a gradual exit around the peak, likely between April-August 2025.
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