Now what?
Now, really?
It is always a big question since 2009 but after many years, two past halvings in 2013 and 2017 as well as some past market cycles, we can see that halvings decrease block rewards for Bitcoin miners but in a correlation of Bitcoin price which increases after each halving.
Yearly candlesIf you look at Bitcoin Yearly Lowest (Min) price, you will have a better view.
Yearly low price of bitcoin:
- During the period of almost 8 years, the lowest yearly price of BTC has 7 years with increase (positive in percent_change), only has 1 year with a fall (negative in percent_change, at -40.7 % in 2015).
- Min and max percent of increase is 6.3% (2019) and 341.5% (2014).
- Also, see median_l, p25l and p75l (in statistics and in chart) to see the continuous growth (yearly low price) of bitcoin
- Make double check with another dataset from 2010 to 2020 that I made in WO
Raw results:
+---------------------------------+
| year min_l percent_change |
|---------------------------------|
1. | 2013 65.53 . |
2. | 2014 289.3 341.48 |
3. | 2015 171.51 -40.72 |
4. | 2016 354.91 106.93 |
5. | 2017 755.76 112.94 |
|---------------------------------|
6. | 2018 3191.3 322.26 |
7. | 2019 3391.02 6.26 |
8. | 2020 4106.98 21.11 |
+---------------------------------+