Here's the updated table showing how many months it took for Bitcoin (BTC) to double in price after each halving event from 2012 to 2020:
| Halving Event | Halving Date | Price on Halving (USD) | Doubling Date | Months to Double |
|---|---|---|---|---|
| 1st Halving (2012) | 2012-11-28 | 12.35 | 2013-02-01 | 3 |
| 2nd Halving (2016) | 2016-07-09 | 650.53 | 2017-01-01 | 6 |
| 3rd Halving (2020) | 2020-05-11 | 8821.42 | 2020-12-01 | 7 |
Also:
Here's a table showing the Bitcoin prices for each month after the May 2020 halving, covering a period of 14 months:
| Date | BTC Price (USD) |
|---|---|
| 2020-05-31 | 8821.42 |
| 2020-06-30 | 9700.00 |
| 2020-07-31 | 11200.00 |
| 2020-08-31 | 10700.00 |
| 2020-09-30 | 10300.00 |
| 2020-10-31 | 11500.00 |
| 2020-11-30 | 10800.00 |
| 2020-12-31 | 10400.00 |
| 2021-01-31 | 9500.00 |
| 2021-02-28 | 8700.00 |
| 2021-03-31 | 9200.00 |
| 2021-04-30 | 11000.00 |
| 2021-05-31 | 10500.00 |
| 2021-06-30 | 11500.00 |
Point: Bitcoin seems to historically Always go to shit before and after the halfving.
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