Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Bitcoin aims at big bull: comparison chart of 2016 and 2024 halving reveals future trend

Bitcoin aims at big bull: comparison chart of 2016 and 2024 halving reveals future trend

CryptoChan2025/01/17 02:08
By:CryptoChan
By comparing the impact of the Bitcoin halving event in 2016 and 2024, the future trend can be inferred. From the chart, it can be seen that after the halving on July 9, 2016, the Bitcoin price continued to rise and showed a strong growth trend in the next 254 days. At the halving on April 20, 2024, the BTC price is almost completely aligned with the trend in 2016. By aligning the bear market bottom in 2015 with the bear market bottom in 2022, the chart highlights the price changes before and after the two halvings.
 
From the chart, it can be seen that the price trend before the halving on April 20, 2024 (black line) is similar to the trend before and after the halving on July 9, 2016 (red line), both showing significant bull market prospects. This also provides an important reference for the market - the Bitcoin price may move towards higher value in the months after the halving.
 
With the approach of the 2024 halving, the market's expectations for the price of Bitcoin have once again heated up. Especially against the backdrop of the 2024 halving, the price performance of BTC may follow a similar upward path as in 2016, indicating a potential bull market in the coming months.
Data Highlights:
-2016 Halving (Red Line): The rise in BTC price began 254 days after the halving, showing a strong market rebound.
Halving in 2024 (black line): The current trend is consistent with 2016. If the historical pattern continues, it may usher in a bull market.
 
Market participants and investors should closely monitor the upcoming halving event and prepare for possible market changes.
Bitcoin aims at big bull: comparison chart of 2016 and 2024 halving reveals future trend image 0
1
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Midterm elections expose market vulnerability! AI trading faces rigorous scrutiny, U.S. stock earnings expectations may undergo major adjustments

The results of the US midterm elections and the subsequent market crash have exposed the vulnerability caused by the market’s excessive concentration of bets on artificial intelligence (AI). Investors may need to readjust their expectations for investment returns.

智通财经•2026/11/09 10:59
Midterm elections expose market vulnerability! AI trading faces rigorous scrutiny, U.S. stock earnings expectations may undergo major adjustments

SpaceX unlock wave meets index rebalancing! Goldman Sachs estimates: December rebalancing may bring $10.9 billion in passive buying

The proportion of SpaceX's freely tradable shares has increased from about 5% at the time of its IPO to one-third, and the expansion of index weightings is driving passive funds to increase their holdings. According to Goldman Sachs, the rebalancing of the Russell 1000 Growth Index on December 11 may trigger $10.9 billion in buy orders, with the main counterparts being insiders whose shares are unlocked. The S&P 500 inclusion window points to the second half of 2027, when the competition among passive funds will further intensify.

华尔街见闻•2026/11/09 10:46

Citigroup Q3 Holdings: Nvidia (NVDA.US) Remains Top Heavy Position, Expanded Both Index and Tech Stock Options

According to the disclosure by the U.S. Securities and Exchange Commission (SEC), Citigroup (C.US) submitted its third quarter holdings report (13F) as of September 30, 2026, on November 4, 2026.

智通财经•2026/11/09 09:18
Citigroup Q3 Holdings: Nvidia (NVDA.US) Remains Top Heavy Position, Expanded Both Index and Tech Stock Options

Carlyle still favors the healthcare sector in Q3, with Medline (MDLN.US) and StandardAero (SARO.US) accounting for over 98% of holdings

Carlyle (CG.US) has submitted its third-quarter holdings report (13F) for the period ending September 30, 2026.

智通财经•2026/11/09 09:17
Carlyle still favors the healthcare sector in Q3, with Medline (MDLN.US) and StandardAero (SARO.US) accounting for over 98% of holdings