There is a theory that claims that bitcoin prices will go up exponentially only after halving occurs.
Halving occured in 2012. In 2013 the price went up to around 1 100 dollars.
Halving occured in 2016. In 2017 the price went up to around 17 000 dollars.
Halving occured in 2020. In 2021 the price went up to around 63 000 dollars.
Do you guys think havling is the factor that has the biggest impact on bitcoin price? Do you think this theory holds water?
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