# Bitcoin seems to have a pattern around its halving

It can be summed up with: "prices go up!"

More specifically, looking at the chart it looks like bitcoin tends to make a new all time high roughly 2-9 months post halving:

https://i.postimg.cc/15FjtxLr/EQq-V-8t-Wk-AY4-Ukk.png

(Source: https://twitter.com/bitharington/status/1227963246151335945)

Then, after it makes a new all time high it tends to run for the next 9-11 months.

During this time it goes anywhere from 40x to 15x higher than the previous all time high.

Even if that is a trend instead of a range and the next halving ONLY produces gains of 6x, we are looking at a peak of $120k in bitcoin.

Not a lot of data to go off of, but considering it has to do with supply/demand economics as well as human behavior it seems likely it could play out in similar fashion again.