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🔥 One Year To Bitcoin Halving: How Will The Market Perform?

Long
BITSTAMP:BTCUSD   Bitcoin
The fourth Bitcoin halving is scheduled to occur around a year from now. Historically, Bitcoin halvings have always preceeded a major bullish impulse which led to massive returns on both Bitcoin and altcoins.

We all know how crypto tends to perform after halvings, but how does BTC perform in the year prior to the halving?

We don't have a lot of datapoints, but from the prior three halving events we can draw a couple of conclusions:
- The amount of upsides tends to diminish over time. The upside in the year prior to the first halving was much higher when compare to the upside of the year prior to the third halving.
- There seems to be a lot of sideways / bearish periods, especially in the prior two halvings.

Although this analysis is not really usable for day-to-day trading, it can give us an impression of what we can expect; mainly bullish, with a lot of drops in between. Keep in mind that the year before
the third halving saw a huge drop during the corona crash. Arguably, we would've ended up much higher if that didn't happen.

Furthermore, we're currently in a macro environment that we've never seen in Bitcoins life before, so take this analysis with a grain of salt.

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