Let’s follow Dabai and take a look at the bullish market behavior caused by past pie halving events.The first halving occurred in November 2012, reducing mining rewards from 50 BTC to 25 BTC. After the halving, the value of the pie surged significantly, rising from around $13 to over $1,100 in the following year.The second halving occurred in July 2016, reducing the reward from 25 BTC to 12.5 BTC. After halving. By December 2017, the pie reached a high of around $20,000.In May 2020, the third halving reduced the block reward to 6.25 BTC. In November 2021, the pie surpassed its previous all-time high, trading at just over $69,000.Historical pie halved price trendNovember 28, 2012.Halved price - $13 --- Peak price in 2013 - $1,125July 16, 2016Halved price - $664 --- Peak price in 2017 - $19,798May 11, 2020Halved price - $9,168 --- Peak price in 2021 - $69,000With the next halving event expected to be two months away, the pie is being pushed higher, thanks in part to the recent launch of 11 spot BTC ETFs.Strong demand for these ETFs is not only supporting the spot price of the pie, but driving prices higher as the halving event approaches.The pie has stabilized around 50,000, and after the halving event resulted in a 50% reduction in mining rewards, the pie is expected to be around 80,000-100,000! Expect the madness of a raging bull market from the big pie!Old leeks who have experienced the previous bull market should have some understanding. What is a bull market? What is a violent bull market? What is madness?Daniu City Faith Recharge Base Dabai will always recharge your faith, and Dabai will choose the best quality.As long as Lao Tie's active funds in BN are more than 5,000 dollars, it is enough. If the market is tight, those with more assets can enjoy Dabai's one-to-one precise guidance service.Dabai is currently looking for double, ten, hundred, or even thousand times of Bi in the violent bull market for spot layout!
