🤔 This spiral hourly chart shows how the BTC price behaves during the halving
What it shows:
The orange line is the growth of the Bitcoin price over time.
⌛ The dial is not time, but the number of blocks in the Bitcoin network.
Each circle in the spiral is a new cycle of 210,000 blocks, about 4 years.
🪙 Orange circles are halvings, when the reward for miners is halved.
🟢 Green dots are peak prices
🟠 Yellow are average peaks
🔴 Red are market crashes
What is important to understand:
1. Bitcoin works in cycles, almost always after the halving there is growth.
2. The highest prices usually occur 12-18 months after the halving.
3. Then a collapse follows, and the market cools down until the next cycle.
4. We have already passed the halving in 2024, which means, by analogy with previous cycles, 2025 could be the year of a new peak.
