In the 4 weeks prior to the first Halving (4/2020), Bitcoin price increased by 34% in value.

Besides, after the previous two halving, Bitcoin will rise to an all-time high (at that time). For example, after 15 months since the second Halving, Bitcoin has peaked.

Therefore, some observers expect Bitcoin to repeat the same history after the 3rd Halving event.

However, it is still a far future, speaking of what is ahead also in history, Bitcoin price plummeted shortly after Halving shortly.

After the second Bitcoin Halving, the digital currency traded sideways for more than two weeks and then dropped to the equivalent of losing nearly 30%.
By this time, some people would say Halving was first like that, the price went up right after Halving. However, looking more broadly, the community was small and the majority were "crazy fans" - enthusiasts cheering for the first supply cut.

In addition, prices rose only slightly by 6% in the two weeks after Halving and traded sideways for the next five weeks.

And to Halving this time, Based on historical data together with the world economy is still weakened by COVID-19 pandemic and there is too much hype around this Halving event. There is a high possibility that the price action after Halving will be gloomy.

However, there are also some mixed opinions on upcoming price action. Some believe that with the above effects (pandemic, ...) many people will see Bitcoin in particular and cryptocurrencies in general as alternatives to traditional assets such as stocks and dollars. So in the next time, prices will have more positive fluctuations.

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