Bitcoin has proven itself as the king of crypto over the past decade, with its price heavily influenced by halving events that reduce supply and often trigger bull runs. Let’s take a look at the last 10 years and the major milestones that shaped BTC’s trajectory.
2016 — First Halving
BTC started the year at ~$430.July 2016: First halving occurred, block reward dropped 25 → 12.5 BTC.By year-end, BTC reached ~$960, setting the stage for the 2017 bull run.
2017 — Massive Bull Run
BTC surged throughout the year.Peak: ~$19,700 in December.Investors saw massive gains as post-halving momentum carried prices to new all-time highs.
2018 — Bear Market
After the 2017 highs, BTC retraced sharply.Year-end price: ~$3,200.This period served as a market consolidation and accumulation phase.
2019 — Recovery & Consolidation
BTC rebounded and traded between ~$3,500 – $13,800.Market sentiment improved with steady accumulation by investors.
2020 — Second Halving & Bull Cycle
BTC started 2020 around ~$7,200.May 2020: Second halving, block reward cut 12.5 → 6.25 BTC.By year-end, BTC climbed to ~$28,900.The post-halving bull run continued in 2021, peaking between ~$64,800 – $68,800.
2022 — Market Correction
After the 2021 highs, BTC faced a bear market.Price ranged between ~$16,600 – $47,000.
2023 — Recovery Phase
BTC consolidated and traded between ~$16,500 – $69,000.Market saw sideways accumulation and structural recovery.
2024 — Third Halving
Block reward reduced 6.25 → 3.125 BTC.Pre-halving price: ~$28,000 – $32,000.Post-halving rally (~12 months later): ~$58,000 – $60,000.
2025–2026 — Current Market
BTC is trading around $92,000, showing healthy consolidation near major support/resistance zones.The market has demonstrated structural strength, maintaining gains after the 2024 halving.
Key Takeaways
BTC halvings historically trigger long-term bull cycles.Short-term volatility is common around halving events and key support/resistance levels.Traders and investors should monitor critical zones to anticipate potential moves and manage risk effectively.
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