Bitcoin Gains 365 Days Post Halving (Patreon)
Published:
2023-11-16 04:15:28
Imported:
2023-11
Content
This chart is titled "Bitcoin: Price Performance 365 Days after Halving" and it tracks the price performance of Bitcoin in percentage terms for 365 days following a "Halving Event".
The chart is color-coded to represent different epochs, which are periods between halvings:
- Epoch 1 Not shown on the chart.
- Epoch 2 Shown in red, this line represents a period where the price increase peaked at approximately 7,745% above the starting point.
- Epoch 3 Shown in blue, during this epoch, the price increased by 460% above the starting point.
- Epoch 4 Shown in green, this line indicates a price increase of 670% above the starting point.
We are heading into Epoch 5 - considering Epoch 4 returns were higher in first year of halving when compared to Epoch 3 and we are facing supply crunch - this could be a great Epoch.