Correlations With The First 2 Halving: Bull / Bear Market (Bitcoin & Altcoin Price 2012-2020)

Correlations With The First 2 Halving: Bull / Bear Market (Bitcoin & Altcoin Price 2012-2020)


Bitcoin has finally broken its resistance to $ 11,000 these days. Can we talk about πŸ…±πŸ†„πŸ…»πŸ…» πŸ†πŸ†„πŸ…½? πŸ…±πŸ†„πŸ…»πŸ…» πŸ…ΌπŸ…°πŸ†πŸ…ΊπŸ…΄πŸ†ƒ? Or is it still early? A little further below I will illustrate with some screens the market situation inherent in pre-halving (2012 and 2016) with the starting point, the maximums and minimums reached in the following years.


βœ… HALVING 2012 (NOVEMBER)
Needless to say, many cryptocurrencies did not exist. For example Ether was born in 2015. In addition to Bitcoin, there was Litecoin and a few others. Bitcoin's Halving in 2012 takes place on November 28th and sees BTC starting at a base of around $ 12.
In April 2013, BTC finally exceeds $ 200.Β 

DECEMBER 2013 (POST HALVING, πŸ…±πŸ†„πŸ…»πŸ…» πŸ…ΌπŸ…°πŸ†πŸ…ΊπŸ…΄πŸ†ƒ):

However, the peak will be reached between November and December 2013 (about 13 months later).

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JANUARY 2015 (𝔹𝔼𝔸ℝ 𝕄𝔸ℝ𝕂𝔼𝕋, LEAST):

Between November 2014 and January 2015, BTC reaches its minimum (even falling below $ 200!). More or less all collapse, Litecoin is also seen to drop below 2 dollars. However, it remains well above Halving's starting base (around $ 12).

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βœ… HALVING 2016 (JULY)
Between 2014 and 2015 many alticoins are born so this chart is very different from the previous one and more similar to the market now.
BTC's Halving takes place on July 9th. Shortly before Halving Bitcoin travels on 600/700 dollars, it can be noted that finally Ether (born in 2015) appears and is traded at a price of about 10 dollars. We can also note the presence of the first cryptocurrencies that try to strengthen privacy: Dash and Monero.

JULY 2016 (PRE HALVING)

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In January 2017, BTC exceeded 1000 dollars, between June and July 2017 it settled on 3000/4000 dollars. November 28, 2017 exceeds $ 10,000.Β 

17 DECEMBER 2017 (POST HALVING, πŸ…±πŸ†„πŸ…»πŸ…» πŸ…ΌπŸ…°πŸ†πŸ…ΊπŸ…΄πŸ†ƒ):

The all-time high is reached between 16 and 17 December 2017.

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JANUARY 2018 (POST HALVING, πŸ…±πŸ†„πŸ…»πŸ…» πŸ…ΌπŸ…°πŸ†πŸ…ΊπŸ…΄πŸ†ƒ πŸ…°πŸ…»πŸ†ƒπŸ…²πŸ…ΎπŸ…ΈπŸ…½):

About 1 month later (January 2018) the bull market continues but only for altcoins. Bitcoin however settles on $ 13,000 / $ 14,000. Ether reaches $ 1368, Ripple even exceeds $ 2, Bitcoin Cash (BTC's Hard Fork) bursts onto the market in excess of $ 2600.

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NOVEMBER 2018 (𝔹𝔼𝔸ℝ 𝕄𝔸ℝ𝕂𝔼𝕋):

BTC begins a long decline that will bring it to around $ 3000 / $ 4000 in November 2018. The starting base for Halving 2016 was however around $ 650 so it remains abundantly above those figures.

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The value then in 2019 increases again exceeding $ 10,000 again, reaching over $ 12500 in July 2019.
At the end of December 2019 we are on the $ 7,000.

12/13 MARCH 2020 (CORONAVIRUS):

We then remember all that happened between 12 and 13 March 2020 with the collapse on 3500 dollars. According to the figures, in those days the market capitalization of BTC decreased by 48.3 billion dollars in a single day, falling from 137.8 billion to 89.5 billion: the most extreme collapse since 2013.

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On Monday afternoon, March 16, the value rose to $ 5,100, more than 50% less than its 2020 high, $ 10,500, reached less than a month ago.

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βœ…Β HALVING 2020 (MAY)
The value then as we know has returned to increase up to around $ 9,000 in May 2020 (third Halving in its history).

MAY 2020 (PRE HALVING):

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The rest is recent history: with the DeFi boom, the rise of Ether and with BTC that exceeds $ 11,000. Will this happen? We'll see :)

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