The third Bitcoin halving will be upon us in a couple of weeks! The halving is when the block rewards to the miners are reduced by 50%. Let us dive into the performance of BTC following halvings of the past. You can then use this information however you see fit to prepare yourself for what may come over the next several years. We also remind you of the historical return of investment (ROI) from each market cycle bottom. Extrapolating (although dubious) suggests smaller percentage gains over a longer time period. Understanding this possibility will hopefully help you manage your positions in Bitcoin.
Note that the lines drawn do not represent the average daily growth since this is a logarithmic scale. The lines are drawn just so show the change in slope from one cycle to the next. They are just drawn from 10 out to whatever the peak is.