This chart is designed by one Twitter user. this chart shows how the halving of bitcoin has an impact on the price of bitcoin.
This graph has presented the relation between bitcoin history price and the remaining time until the next bitcoin halve. The change of color can reinforce the show of this relational change.
The more length of the remaining time, the more intense red color moving, the less short of the remaining time, the more intense blue color moving. From the current tendency, the color starts to go out of the yellow and ready to go to the light green, does this mean the price of bitcoin will go down again?
Not really surprising.
If you think of it rationally and logically, you'll find that each halving essentially represents the scarcity of new bitcoins being mined increasing. And the market responds as a result of that. Though, we can probably attribute at least part of this phenomena to the psychological factors of BTC halving. Everyone expects there to be a bull market because of the decreased block rewards - and that becomes a self fulfilling prophecy.
What will be most interesting isn't just the current price, but rather how the bitcoin market acts after it gets close to the upper limit of circulating supply, and whether or not halvings will still be a factor then. I personally tend to think that there will certainly be a decreased influence on the market, because the amounts then produced in each block would be minuscule anyways.