BITCOIN BULLISH BY NATURE
Bitcoin has stood the test of time, delivering regular bull runs that captivate investors worldwide. As the ultimate store of value in the digital age, it remains the undisputed king of crypto.
Bitcoin bull runs are phases of rapid and sustained price growth that can last for weeks or even months. They are typically driven by a combination of structural events, macroeconomic factors and psychological market dynamics.
The adoption of Bitcoin by financial institutions, corporations, and governments plays a pivotal role in legitimising the crypto.
During Bitcoin bull runs, investors fearing missed gains are compelled to buy, increasing demand and fuelling further price surges.
Falling interest rates, rising inflation and economic uncertainty have frequently pushed investors toward Bitcoin as a store of value.
Every ~4 years, Bitcoin halvings cut miner rewards and supply issuance by half, reducing inflation and driving price increases.
Each halving creates a scarcity that has historically triggered major bull runs and dramatic price surges. Past cycles consistently highlight this market-shifting phenomenon. Explore the impact of previous halvings on the market.
Mining rewards were halved from 50 BTC to 25 BTC per block, causing Bitcoin’s price to skyrocket from USD 12 to USD 1’217 in one year.
Rewards dropped from 25 BTC to 12.5 BTC per block, sparking a meteoric rise in Bitcoin’s price from USD 647 to USD 20’000 by 17 December 2017.
The halving further reduced rewards from 12.5 BTC to 6.25 BTC, propelling Bitcoin’s price from USD 8’788 to over USD 64’000 in less than one year.
The latest halving slashed rewards from 6.25 BTC to 3.125 BTC per block, ushering in yet another rally, from USD 64’994.44 in October 2024 to USD 111’891.30 by 22 May 2025.
Projected for Q2 2028, the next halving will lower mining rewards from 3.125 BTC to 1.5625 BTC per block. Based on historical trends, this event is poised to spark another significant price surge.
Past performance is not necessarily a guarantee of future results.
Price performance
chart: BTC/USD
Visualise the evolution of Bitcoin’s price against USD since its inception in 2009
