Just did a research on BTC history
- Before the 2012 halving, BTC was down 46% from its all-time high (ATH) 18 days prior.
- Prior to the 2016 halving, BTC experienced a 41% decline from its ATH in the same timeframe.
- Ahead of the 2020 halving, BTC was down by 62.5% from its ATH 18 days earlier.
- Now, just 18 days before the 2024 halving, BTC is down by 10% from its ATH.
This time, the dynamics appear different there BTC ETF, ETH EFT is on the way as well. BTC can either be repeating the history or it can do something completely different.
