Hey there, no need to fret! Compared to last year's 73% drop, the current decrease is only around 5-10%. There's still ample time before any significant downturn occurs. Here's my suggestion: Withdraw your funds and convert them to USDT or any stable coin. Hold onto them until there's an estimated drop of about 80%, as we saw in 2020 when it declined by 73%. Stick with block 12.5 and remain composed. đ„đđ„đ„
Now, let's delve into the 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 in 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 in 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 in this cycle: $69,000
- Days from halving to ATH: 554
Take a moment to relax, my friend! đđâ
$BTC $BTC
