đ„đđHey, don't freak out! Last year, the drop was as high as 73%, but right now it's only 5-10%.
There's still plenty of time before it really goes down.
My advice? Take out your money and switch it to USDT or any stable coin! Hold onto it until it drops by about 80% (estimated) because in 2020, it went down by 73%. Just stick with block 12.5. Stay calm and carry on! đ„đđ„đ„
(greetings 0X0)
Here's a rundown of Bitcoin halving dates:
2012 Bitcoin Halving:
- Previous block reward: 50 BTC
- New block reward: 25 BTC
- Price on halving day: $12.35
- Price 150 days later: $127.00
- Price local top before halving: $16.5
- Drop from highest to halving: -56.69%
- Highest Price on this cycle: $1,144
- Days from halving to ATH: 370
2016 Bitcoin Halving:
- Previous block reward: 25 BTC
- New block reward: 12.5 BTC
- Price on halving day: $650.53
- Price 150 days later: $758.81
- Price local top before halving: $791
- Drop from highest to halving: -40%
- Highest Price on this cycle: $20,114
- Days from halving to ATH: 505
2020 Bitcoin Halving:
- Previous block reward: 12.5 BTC
- New block reward: 6.25 BTC
- Price on halving day: $8,821.42
- Price 150 days later: $10,943.00
- Price local top before halving: $13,923
- Drop from highest to halving: -72.16%
- Highest Price on this cycle: $69,000
- Days from halving to ATH: 554
Breathe easy, my friend! đđâ
