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Examining the price dynamics in the year preceding and following the halving events over the last three cycles reveals significant growth for Bitcoin. During these two-year spans, Bitcoin experienced remarkable increases: approximately 30,000% in 2012, 786% in 2016, and 712% in 2020. If Bitcoin continues to show the same performance this time, its price could reach the $220k mark in 2025. BTC/USD hypothetical chart based on previous bull runs. The next halving took place on July 9, 2016. The block reward got its first decimal, cutting from 25 BTC to 12.5 BTC. Despite a challenging start to May, with Bitcoin dropping to a two-month low of 56,500 on May 1, the cryptocurrency8230 Why Do Bitcoins Have Value? Bitcoin Explained Número de monedas multiplicadas por los días que han pasado desde que se movieron por última vez. |