What do you expect to happen to the price of Bitcoin with this next Halving?

We have two previous halving events to look at for guidance, though we do know that history rarely ever repeats exactly...

That being said, here's what happened with the first two...

First Halving:

• One year prior to the first halving price: $2.50

• At the Halving: $12 (5x returns)

• At the Peak: $1,200 (100x returns)

Second Halving:

• One year prior to the first halving price: $280

• At the Halving: $650 (2.5x returns)

• At the Peak: $20,000 (29x returns)

Third Halving:

• One year prior to the first halving price: $6,500

• At the Halving: ???

• At the Peak: ???

What is going to happen with the third halving?

(Source: https://twitter.com/search?q=bitcoin&src=typed_query)

My thoughts...

It already looks like we are about to break the trend of the price being significantly higher at the halving than it was one year prior to the halving.

With the first two, the price was 5x and 2.5x higher at the halving than it was one year prior. For that pattern to repeat we would need bitcoin to run up past $12k at the very least within the next 27 days.

Probably not going to happen.

That being said, I do still expect the price to eventually peak out significnatly higher than that $6,500 one year pre-halving number.

I think we are going to get dangerously close to $100k at some point within the next 18 months.

It may sound a little crazy given how things are going currently, but I think we are going to see a massive acceleration in risk-on assets during the second half of this year, and bitcoin will probably lead the way.

Once we make new highs, the sky is literally the limit and I wouldn't be surprised to see some really crazy numbers.

What kind of numbers do you expect this time around?

Stay informed my friends.

-Doc