1
Bitcoin Forum / What has been the bitcoin price performance since the halving?
« on: Today at 09:48:25 AM »CoinGecko analysts analyzed each of the cycles, determining the average growth after the event - 3230%.
This figure was largely influenced by the first halving, when the exchange rate increased by 8858% - from 12$ to 1075$ over the next 12 months. The inflation of the first cryptocurrency dropped from 25.75% to 12%.
After the second halving, the exchange rate went from 650$ to 2560$ (294%) during the same period. Inflation: 8.7% → 4.1%.
The third halving resulted in a 540% increase in the quote from 8727$ to 55,847$. Inflation: 3.7% → 1.8%.
CoinGecko noted that although bitcoin is "better positioned than ever" thanks to ETFs, the halving is only a baseline.
Even projected inflation, which could make demand even higher after the fourth event, does not guarantee immunity from a number of factors: selling pressure, perception, global market liquidity, regulation, macroeconomic trends and market events.