Bitcoin Price - After 3rd Halving
Bitcoin 1st halving - 28 Nov 2012
Closing Price 1 year before on 28 Nov 2011: $2.55
Closing Price on 28 Nov 2012: $12.22
% increase: 479.22% - (1)
Peak before next halving: $768.94
% increase from 1st halving to peak: 6292.47% - (2)
Bitcoin 2nd halving - 9 July 2016
Closing Price 1 year before on 9 July 2015: $269.75
Closing Price on 9 July 2016: $657.61
% increase: 243.79% - (1)
Peak before next halving: $19,891.99
% increase from 2nd halving to peak: 3024.89% - (2)
Bitcoin 3rd halving - 23 May 2020 (Next)
Closing Price 1 year before on 23 May 2019: est. $8,000
% increase: est. 124.02%
-> (243.79% / 479.22% x 243.79%) - (1)
Closing Price on 23 May 2020: est. $9,921.6
-> ($8,000 x 124.02%)
% increase from 3rd halving to next preak: est. 1454.11%
-> (3024.89% / 6292.47% x 3024.89%) - (2)
Peak after 3rd halving: est. $144,270.98
-> ($9,921.6 x 1454.11%)
You need 6.9314 Bitcoins to be a millionaire @ $144,270.98 / btc.
How many $btc do you own currently? What's your estimate for the next Bitcoin peak price?
Check Bitcoin's next halving countdown right here
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