Since the halving is programmed to appear every 210,000 blocks, it creates a distinct time frame between these events that lasts adjacent to four years. In these four years, there has historically been a peak price, a trough price, a bull split up of the cycle, and a bear portion of the cycle. The most price appreciation has historically been in the month preceding and following the halving. This is a happen of the supply shock that the halving creates. After the new supply/demand equilibrium is reached, the price peaks and then a desperate sell-off occurs until the BTC price finds its bottom or trough. This is usually 12-18 months after the halving. Directly we get to the bottom, the price chops around, then steadily rises until we get close to the halving, and the cycle repeats.
Check Also
XRP Price Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms
In December 2020, the SEC filed a lawsuit against Riffle Labs, accusing the company of …